Innovative financing solutions widely recognized by aviation industry

Hong Kong – 8 November 2016 - 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’s first-ever Japanese Operating Lease with a Call Option (“JOLCO”) project has received the “Asia Pacific Deal of the Year for Innovation” award at the Growth Frontiers Asia Pacific 2016 Forum in Hong Kong. Organized by Airline Economics magazine, the annual awards recognize companies which deliver outstanding services and provide innovative financing solutions to a diverse range of customers.

CALC closed its first JOLCO financing related to two new Airbus A320 delivered to Pegasus Airlines in June 2016. This innovative transaction is the first time a JOLCO has been used to finance equity on a lessor for leases to an airline in Turkey, which again underscored CALC’s capability to deliver pioneering solutions for its global clientele. CALC is proud to be the first lessor providing JOLCO in finance equity for the Turkish aviation industry.

Mr. Christian McCormick, Managing Director - Finance of CALC, commented, “We are glad to have tapped the JOLCO market to further support our global business expansion strategies. This award validates our leadership position in the region and will motivate our team to continue to provide further innovative financing solutions for the aviation industry”.

CALC has always strived for innovation in aviation finance. It has been providing various financing alternatives in the homeland and the international market, including introducing aircraft lease ABS products into China, the launch of its debut PDP syndicated loan, and entry into the international bond market. The Group will continue to explore financing alternatives in the capital market in order to expand its fleet at a sustainable and accelerated pace, while maintaining a lower financing cost.