CALC Delivers its 50th Aircraft to Sichuan Airlines

China Aircraft Leasing Group Holdings (CALC), one of the largest independent operating aircraft lessors in China, has delivered a new Airbus A320-200 aircraft to Sichuan Airlines.

The newly delivered A320 aircraft is the 50th commercial aircraft in CALC's portfolio.

CALC's aircraft fleet is growing progressively through direct order of aircraft. In 2011, CALC ordered 20 domestic aircraft C919, and during Farnborough Air Show 2012, the company ordered 36 A320 series aircraft, and then ordered an additional four later on. In December 2014, CALC placed a large order of 100 Airbus A320 series aircraft, including 74 A320neos, which is the largest single order from a Chinese lessor and brings CALC's cumulative order book to 140 A320 series aircraft.

Mr. Jerry Duan, Senior Vice President, Technical and Asset Management of CALC said, "The 50th aircraft delivery is a remarkable moment to CALC. Each of our 50 aircraft has witnessed our growth. They also reflected CALC's achievement thanks to the contribution by our professional team. The team has overcome all the challenges along the way, achieving CALC's advancement and steady development"

Established in Hong Kong in 2006, CALC was the first aircraft leasing company funded by Chinese capital. CALC set up its wholly-owned subsidiary in Tianjin Free Trade Zone in 2010, becoming the first foreign-owned company with a branch in the FTZ.