Skyco International Financial Leasing.,Ltd. successfully delivered 3 Boeing aircraft to Xiamen Airlines

On the morning of July 17, the third operating lease aircraft B737-800 jointly cooperated by Skyco International Financial Leasing.,Ltd. (hereinafter referred to as Skyco) and Xiamen Airlines Co., Ltd. (hereinafter referred to as Xiamen Airlines) successfully arrived at Xiamen Gaoqi International Airport. They held a grand welcome reception ceremony on the spot. Relevant leaders of Skyco International Financial Leasing.,Ltd.  Xiamen Airlines Co., Ltd. and China Everbright Bank attended the event. In this transaction, Skyco International Financial Leasing.,Ltd. set up a project company in the Xiamen area, Fujian Free Trade Pilot Zone. This event has successively attracted investment from the Bank of Guangzhou and China Everbright Bank. Three aircraft were leased to Jiangxi Airlines Co., Ltd. and Hebei Airlines Co., Ltd. under Xiamen Airlines. Aviation Co., Ltd,which is to be used for air transportation.

It can be seen that the civil aviation system will usher in the peak travel period as the summer is coming. The delivery of this batch of aircraft greatly eased the peak season capacity pressure of Jiangxi Airlines Co., Ltd. and Hebei Airlines Co., Ltd., and provided guarantee for subsequent air transportation.

The relevant leaders of Skyco International Financial Leasing.,Ltd. said that in early 2018, Skyco International Financial Leasing.,Ltd. and Xiamen Airlines Co., Ltd. reached a cooperation agreement on the operation of multiple aircraft leasing businesses. The Boeing 737-800 aircraft delivered this time is the third aircraft after the successful deliveries of two aircrafts on April 17 and July 10 respectively, promoting the successful cooperation between Skyco International Financial Leasing.,Ltd.. and Xiamen Airlines. The cooperation between the two parties means that Skyco International Financial Leasing.,Ltd.'s business capabilities have been recognized by domestic well-known large airlines, and it ranks first among the top domestic aircraft leasing companies.

Xiamen Airlines Co., Ltd. was established in 1984. It is the only airline in China's civil aviation industry that has won the "Golden Eagle Cup" and "Golden Goose Cup" for consecutive three times and the IATA Outstanding Contribution Award of the IATA. It is the only airline in China that has made profits for 31 consecutive years. It has developed into the fifth largest domestic aviation industry group. At present, Xiamen Airlines Co., Ltd. operates the largest pure Boeing fleet in China.  Xiamen Airlines Co., Ltd. has more than 200 aircrafts on record. Among them, it owns 10 Boeing 787 wide-body aircrafts, and owns nearly 10 holding subsidiaries including Hebei Airlines and Jiangxi Airlines.

Skyco International Financial Leasing.,Ltd.  is a leasing platform under Guangdong Aerocity Holding Co.,Ltd, and it is also the first leasing company in Guangdong that focuses on aircraft leasing. In the past three years, Skyco International Financial Leasing.,Ltd. has followed the development concept of specialization, marketization and internationalization, fully utilized domestic and foreign leasing policies, built leasing platforms on the international platforms in Ireland and Cayman, and domestic platforms in Hong Kong, Guangdong and Tianjin, and launched aircraft assets, its subsidiary Skyco (Tianjin) Aircraft Leasing Co., Ltd. was recently approved as the ninth batch of domestic financial leasing pilot enterprises in Tianjin Free Trade Zone, which further deepens its layout in the domestic leasing platform. At present, the Skyco International Financial Leasing.,Ltd.. has 25 fleets, and the total assets of aircraft are about 13 billion yuan. It is one of the top 50 aircraft leasing companies in the world, it won the "Top Ten Local Financial Institution Award" of the first One-hundred Excellent Local Financial Institution Award in 2018, and it is among the top 100 financial brands in Guangdong.

With the rapid development of China’s civil aviation industry, the aviation economy has become an important driving force for regional economic development. Skyco International Financial Leasing.,Ltd. further stated that this aircraft leasing transaction and the construction of the Xiamen Free Trade Zone leasing platform will become an important opportunity for its future expansion in the aviation industry in Xiamen and its investment in aircraft leasing business. At the same time, the company will also constantly look for other cooperation opportunities to jointly promote the rapid development of regional aviation economy.