Hong Kong – 23 June 2016 - China Aircraft Leasing Group Holdings Limited (“CALC” or the “Group”, stock code: 01848.HK), the largest independent operating aircraft lessor in China, has delivered two new Airbus A320 aircraft to Turkey’s leading Low Cost Airline Pegasus Airlines, its first customer in Europe, based on the lease agreements signed in 2015. With the latest delivery, CALC’s fleet has expanded to 70 aircraft.

Since the foray into Europe by sealing this deal last year, CALC has made good progress in its expansion outside China. The lessor is diversifying its client portfolio by tying its full value-chain aircraft solutions with the carriers from the expanding emerging markets, working towards a balanced portfolio of Chinese and non-Chinese airline clients by 2020.