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1. Bombardier Signs MoU with China’s ICBC Financial Leasing
Bombardier Signs MoU with China’s ICBC Financial Leasing. Bombardier Aerospace has signed a Memorandum of Understanding with ICBC Financial Leasing (ICBC Leasing). ICBC Leasing is a leading leasing company in China, and Industrial Commercial Bank of China (ICBC), its major shareholder, is one of the world’s largest banks.
2. ICBC Leasing Signs Deal for 50 Airbus Aircraft
ICBC Leasing has signed an agreement with Airbus for a total of 50 A320 Family aircraft, including 30 A320ceo and 20 A320neo. The aircraft purchase agreement was signed at the Great Hall of the People in Beijing by Li Xiaopeng, Senior Executive Vice President of ICBC and Chairman of ICBC Leasing, and Fabrice Bregier, President and CEO of Airbus.
3. Thai Airways Signs MOU with ICBC
Thai Airways has signed a MOU with the Industrial and Commercial Bank of China. The agreement will allow Thai Airways to offer promotions to ICBC Chinese passengers using credit and debit cards in Thailand, and the airline will also join ICBC’s eCommerce platform “E Mall”.
4. ICBC Singapore Launches USD/SGD Dual Currency Credit Card
Industrial and Commercial Bank of China Singapore (ICBC) has launched a dual currency card which combines both USD and SGD customer accounts in one credit card. The move marks another milestone for ICBC Singapore in its retail banking services, following its launch of Singapore’s first RMB/SGD dual currency credit card in 2011.
5. Garuda Indonesia and ICBC Financial Leasing Sign Aircraft Financing Agreement
Garuda Indonesia and ICBC Financial Leasing have signed an aircraft financing agreement. The deal features a sale and lease back plan for Garuda Indonesia's five Boeing 777-300ER and an operating lease plan for ICBC Financial Leasing's six Airbus 320-200 for Citilink, valued at US$ 1.7 billion.
6. China’s CAS and ICBC Leasing Buy 88 Airbus A320 Family Aircraft
China Aviation Supplies Holding Company (CAS) and ICBC Financial Leasing have signed agreements with Airbus for a total of 88 A320 Family aircraft. CAS’s General Terms Agreement (GTA) with Airbus for 88 A320 Family aircraft was signed in Berlin on Tuesday by Li Hai, President of CAS and Tom Enders, President and CEO of Airbus.
7. KLM Signs Firm Order for 21 Embraer E195-E2 Aircraft
KLM Cityhopper has signed a firm order for 21 E195-E2 aircraft, plus 14 purchase rights. The 21 aircraft will be acquired via operating lease from Embraer lessor partners Aircastle and ICBC Aviation Leasing.
8. KLM Cityhopper Takes Delivery of First Embraer E195-E2
KLM Cityhopper has taken delivery of its first Embraer E195-E2. This first E2 delivery to KLM, and lessor ICBC Aviation Leasing, brings the total number of Embraer jets in the KLM Cityhopper fleet to 50. Published by TravelNewsAsia.com on 24 February 2021.

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