China Aircraft Leasing Sells Airbus A320

China Aircraft Leasing Group Holdings (HK:1848) has released an update.

China Aircraft Leasing Group Holdings Limited has announced the sale of one Airbus A320-271N aircraft to an independent purchaser involved in aviation leasing in the PRC, with the transaction set to complete in September 2024. As part of its ordinary business operations, this sale is expected to boost the company’s net income from aircraft trading and fulfill market demand while maintaining strong client relationships. The sale is considered a major transaction under the Listing Rules but adheres to the disclosure requirements for Qualified Aircraft Leasing Activities.

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