Hong Kong – 3 January 2017 – China Aircraft Leasing Group Holdings Limited (“CALC” or the “Group”, SEHK stock code: 01848), the largest independent aircraft operating lessor in China, is pleased to announce that the Group has completed the deliveries of three Airbus A320 aircraft to Sichuan Airlines in December 2016.

The transfer follows the transaction of three aircraft in 2015 and the signing of a further agreement at the beginning 2016 for three more, which were successfully delivered within the same year. Ms. Winnie LIU, Deputy CEO and Chief Commercial Officer of CALC, commented, “The group is pleased to have once again collaborated with Sichuan Airlines. The deal is a testament to CALC’s renowned flexible and efficient delivery capabilities and a sign of trust from the Group’s airline customers. We expect to take our collaboration with Sichuan Airlines to the next level to facilitate their rapid business development and expansion.”

Ms. LIU added, “Being China’s largest independent aircraft lessor, we are dedicated to assisting China’s airline to stand out in an ever changing and competitive market environment. CALC’s management team shall continue to innovate and grasp business opportunities utilizing their professional knowledge and passion for aviation. The group is determined to become an internationally recognized world-class aircraft lessor.”

CALC is keen on expanding its fleet and expects to have 173 aircrafts by 2022.