CALC Purchases 15 additional Airbus A320neo Aircraft

Hong Kong – 5 January 2017, CALC (the “Group”, SEHK stock code: 01848), a full value-chain aircraft solutions provider for global airlines, announced that the Group has ordered 15 additional Airbus A320neo aircraft today, with the similar terms and conditions under the Aircraft Purchase Agreement signed with Airbus S.A.S. (“Airbus”) on 28 December 2017.

The aggregate list price for the additional airbus aircraft is approximately US$1.63 billion (equivalent to approximately HK$12.71 billion). These Airbus A320neo aircraft will be delivered to the Group in stages between 2022 and 2023. Following this incremental order, CALC’s total order book with Airbus will increase to 217 aircraft.

The Group currently owns a fleet of 107 aircraft, and its backlog after the new order stands at 193 aircraft (143 Airbus and 50 Boeing).