Fri, Aug 31, 2012
Emerging Lessor Enhances Portfolio With New Airplanes
ICBC Financial Leasing Co. Ltd. (ICBC Leasing), has signed an agreement with Airbus for a total of 50 A320 Family aircraft, including 30 A320ceo and 20 A320neo. The aircraft purchase agreement was signed at the Great Hall of the People in Beijing by Li Xiaopeng, Senior Executive Vice President of ICBC and Chairman of ICBC Leasing, and Fabrice Bregier, President and CEO of Airbus. It was a part of a series of Europe-China agreements signed in the presence of visiting German Chancellor Angela Merkel and Chinese Premier Wen Jiabao.
“We decided to order more Airbus A320 Family aircraft, not only A320ceo but also A320neo, to enhance our portfolio in anticipation of increasing demand of the aviation markets in China, Asia Pacific region and the world as well. The order indicates that leasing companies are playing a more important role in the aviation sector,” said Li Xiaopeng, Senior Executive Vice President of ICBC and Chairman of ICBC Leasing.
“We are delighted to see ICBC Leasing placing another order for the world’s best selling single-aisle aircraft. In particular, the order for 20 A320neo makes ICBC Leasing the first Chinese customer for the fastest selling aircraft, which offers a 15 per cent fuel burn reduction. We are proud to support the growth of Chinese leasing companies with our eco-efficient aircraft,” added Fabrice Bregier, Airbus President and CEO.
By the end of July 2012, there were over 700 A320 Family aircraft in operation with 15 Chinese airlines.
Also: Mohr Retires-Quietly, iFly on iOS, Record Female Skydive, China Goes To The Moon, SAFE Resources EAA Counsel Alan Farkas has filed a 48 page Petition for Review of FAA Action>[...]
Searching For Missing Bonanza Believed Down In Rugged Terrain When a single engine plane goes down in the continental U.S., Civil Air Patrol’s cell phone and radar tracking e>[...]
Astronauts Memorial Foundation The Astronauts Memorial Foundation honors and memorializes those astronauts who have sacrificed their lives for the nation and the space program by s>[...]
High-drag devices that can be raised into the air flowing over an airfoil, reducing lift and increasing drag.>[...]
"The MX-1 is the 'iPhone of space'; a platform capable of supporting many apps including our core plan of exploring the Moon for resources of benefit to humanity." Source: Moon Exp>[...]