Bombardier And China's ICBC Financial Leasing Sign MOU | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 04.18.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.18.14 **
** Airborne 04.16.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.16.14 **
** Airborne 04.14.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.14.14 **

Thu, Mar 10, 2011

Bombardier And China's ICBC Financial Leasing Sign MOU

Memorandum Covers Entire Line Of Commercial And Business Aircraft

Bombardier Aerospace said Thursday that it has signed a memorandum of understanding (MOU) with ICBC Financial Leasing Co., Ltd. (ICBC Leasing). ICBC Leasing is a leading leasing company in China, and Industrial Commercial Bank of China (ICBC), its major shareholder, is one of the world's largest banks.

The agreement clears the way for ICBC Leasing to provide Bombardier's customers with advance payment financing, delivery financing and leasing solutions for Q-Series, CRJ Series and CSeries commercial aircraft, as well as Learjet, Challenger and Global business aircraft. The capital available from ICBC Leasing totals up to $8 billion US, for both domestic and international transactions.

The MOU also covers financing for Bombardier Aerospace, as well as its current and potential future subsidiaries and affiliates, in the areas of maintenance, service and production, and allows ICBC Leasing to provide Bombardier Aerospace with credit facilities, hedging and settlement services for general requirements through affiliates of ICBC.

FMI: www.bombardier.com

Advertisement

More News

Aero-TV: Dual GPS Solutions -- Maps, Weather, And Traffic To Your EFB Devices

Dual Boasts GPS Support for iOS or Android Platforms While at the AOPA 2013 convention, ANN CEO and Editor-In-Chief, Jim Campbell met with Greg Lukins, Vice President of Business D>[...]

AD: Airbus Airplanes

AD NUMBER: 2014-08-02 PRODUCT: Certain Airbus Model A300 B4-600 and A300 B4-600R series airplanes.>[...]

AD: Bombardier, Inc. Airplanes

AD NUMBER: 2014-08-03 PRODUCT: Certain Bombardier, Inc. Model CL-600-2C10 (Regional Jet Series 700, 701, & 702) airplanes, Model CL-600-2D15 (Regional Jet Series 705) airplanes>[...]

ANN's Daily Aero-Linx (04.18.14)

All About Military Aviation Features well-illustrated articles on all major post-war combat aircraft, a directory of the world's air forces, air show reports and calendar and speci>[...]

ANN's Daily Aero-Term (04.18.14): Onboard Lightning Detection Systems

An onboard weather detection system that senses electrical discharges that suggest the presence of thunderstorm cells.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC