Falko Establishes leasing business in China
London, November 15, 2018 – Triangle (Holdings) LP announces today that through Falko Regional Aircraft Limited, it has established an aviation leasing company – Falko (Tianjin) Leasing Co., Ltd. (“Falko Tianjin”) – in the Dongjiang Free Trade Port (DFTP) in Tianjin, China. This makes Falko Regional Aircraft Limited the first foreign regional aircraft lessor to set up a leasing business in the DFTP.
With this new entity in the DFTP, Falko Tianjin will be in the position to offer Chinese airlines more choice of regional aircraft leasing solutions.
Jeremy Barnes, Chief Executive Officer of Falko Regional Aircraft Limited said: “We are extremely pleased to be the first foreign regional aircraft lessor to establish a leasing business in the DFTP zone in Tianjin. With Falko Tianjin we will be able to offer our specialist regional aircraft leasing capabilities to help the regional aircraft market to grow, which is in line with the Chinese government’s goal to improve regional air-connectivity throughout China.”