China Aircraft Leasing Group Holdings Limited (CALC), an independent aircraft operating lessor in China, announced that the group has completed deliveries of the second batch of aircraft to two subsidiaries of HNA Group, Lucky Air and West Air, delivering an Airbus A320 aircraft to the airlines respectively.
CALC has signed Letters of Intent (LoI) with Lucky Air and West Air on the 5th of January 2016 for the leases of A320 aircraft. It has then successfully delivered an Airbus A320 aircraft to the airlines respectively in November 2016.
Winnie LIU, Deputy CEO and Chief Commercial Officer of CALC, commented: “As the leading aircraft leaser in aviation industry, CALC proudly witnesses and participates in the development of Lucky Air and West Air. We seize this collaboration opportunity to establish the official partnership between CALC and HNA Group.
The Group will continue to utilize its flexible and efficient capability in aircraft delivery and superior full value-chain aircraft solutions, in order to provide value-added services to both domestic and international carriers. With these, the Group can assist airline clients to achieve rapid development and become an important player of the global aviation industry.”
In 2016, CALC has delivered 18 aircraft in total, which adds the fleet number to 81 as of the end of the year. The company said that it is proactively implement the fleet expansion plan, and is expected to expand to 173 aircraft by 2022.
HNA group is the parent company of Hainan Airlines, Lucky Air and West Air. As of December 2016, Lucky Air operates a fleet of 37 aircraft and West Air operates a fleet of 27 aircraft.