China Aircraft Leasing (01848) announced that on November 22, 2024 (after trading hours), the company will…
According to the announcement from China Aircraft Leasing (01848), on November 22, 2024 (after trading hours), the company's six wholly-owned special purpose entities (sellers) entered into a 'Aircraft Sale Agreement' with an independent third party WWTAI AIROPCO 1 BERMUDA LTD. (buyer) for the sale of six aircraft. The sale is expected to be completed by the end of March 2025.
It is reported that the aircraft include one A321-200, one A319-100, and four B737-700.
The announcement states that aircraft trade is one of the regular businesses of the group. The sale helps to enhance the group's revenue from aircraft trade, meets market demand for aircraft, and maintains good relationships with customers.