CALC (the “Group”, SEHK stock code: 01848), a full value-chain aircraft solutions provider for global airlines, is pleased to announce that the Group has entered into an Aircraft Lease Agreement with Yunnan Hongtu Airlines and agreed to lease one new Airbus A320ceo aircraft to the new client.

The aircraft is expected to be delivered to the Chinese airline in the first half of 2018 with a lease term of 12 years.

While it actively strengthens its global presence, CALC continues to tap into the booming mainland Chinese market to solidify its leading position as one of the largest independent aircraft lessors in China.

CALC currently has a fleet of 112 aircraft as at the date of this announcement.