PARIS, June 21, 2023PARIS AIR SHOW -- Pratt & Whitney announced today that China Aircraft Leasing Group Holdings Limited (“CALC”) has entered into a memorandum of understanding to select GTF engines to power an additional 10 firm Airbus A320neo aircraft, with options for up to 50 aircraft, bringing their total to 40 firm GTF-powered aircraft.

“CALC maintains a quality portfolio of popular new generation aircraft with fuel efficiency. GTF-powered A320neo family aircraft are a key part of our portfolio, offering our airline customers world-class fuel efficiency and emissions, resulting in lower operating costs,” said Mr. Mike Poon, Executive Director and Chief Executive Officer of CALC.

“CALC was the first Chinese lessor to select the GTF engine for its A320neo aircraft, and the value the engine delivers has us coming back again,” added Ms. Winnie Liu, Executive Director, Deputy CEO and Chief Commercial Officer of CALC.

CALC was established in 2006 and is headquartered in Hong Kong. The lessor currently manages a portfolio of both 28 V2500®-powered A320ceo family aircraft and 15 GTF-powered A320neo family aircraft. CALC owns and manages a fleet of 176 Airbus, Boeing and COMAC aircraft with a backlog of 226 aircraft on order as of December 31, 2022.

“We appreciate CALC’s continued confidence in Pratt & Whitney,” said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. “Combining the industry-leading sustainability of our GTF engine with CALC’s presence in Asia Pacific, we’re working together on more economically and environmentally friendly connectivity in one of the fastest growing regions for aviation.”