China Aircraft Leasing Company Signs MOU for 100 Airbus Aircraft

China Aircraft Leasing Company (CALC), an independent aircraft operating lessor in China, has signed a Memorandum of Understanding with Airbus for 100 A320 Family aircraft.

The commitment comprises 74 A320neo, 16 A320ceo and 10 A321ceo.

Including this new commitment, CALC’s total order tally with Airbus stands at 140 A320 Family aircraft.

“This new commitment to the A320 Family confirms the aircraft’s popularity and appeal, offering customers the best value for money, high reliability and best-in-class passenger comfort,” said Dr Mike Poon, CEO and Executive Director of CALC. “These key attributes make the A320 Family a perfect fit in CALC’s strategy to offer the most innovative and dynamic leasing solutions to aviation customers in China and around the globe.”

The A320neo “new engine option” incorporates many innovations, including latest generation engines and large Sharklet wing-tip devices, which together, Airbus says, will deliver 15% in fuel savings from day one and 20% by 2020 which is equivalent to a reduction of 5,000 tonnes of CO2 per aircraft per year.