Airplanes Will Be Delivered This Time Next Year
China Aircraft Leasing Group Holdings Limited has signed a Letter of Intent with Pegasus Airlines (“Pegasus”) for the lease of two new Airbus A320 aircraft, which are scheduled for delivery in June 2016. Upon execution of a firm leasing agreement, Turkey’s leading low cost airline will become CALC’s first customer in Europe. It marks another significant step for CALC’s overseas expansion.