Based on the lease agreements signed in 2015, the largest independent operating aircraft lessor in China , China Aircraft Leasing Group Holdings Limited (CALC), has delivered two new Airbus A320 aircraft to Turkey’s low-cost carrier Pegasus Airlines, its first customer in Europe,

Since the foray into Europe by sealing this deal last year, CALC has made good progress in its expansion outside China. The lessor is diversifying its client portfolio by tying its full value-chain aircraft solutions with the carriers from the expanding emerging markets, working towards a balanced portfolio of Chinese and non-Chinese airline clients by 2020.

With the latest delivery, CALC’s fleet has expanded to 70 aircraft. Pegasus Airlines became company's first customer in Europe.