Press Release




CALC Signs Lease Agreements with New Customer Air Macau
Implementing its International Expansion Strategy while Strengthening its Presence Overseas

[29 May 2015 – Hong Kong] China Aircraft Leasing Group Holdings Limited (“CALC” or the “Group”, stock code: 01848.HK) is pleased to announce that as a result of its continuing effort to expand in oversea markets, it has successfully entered into agreements with Air Macau Company Limited (“Air Macau”) to lease four Airbus aircraft on 29 May 2015 following the lease agreement of five aircraft with Air India in 2014.


Four Airbus Aircraft Lease Agreements with Air Macau


The Group entered into the aircraft lease agreements to lease four Airbus A320 aircraft to Air Macau. The leasing term would be 144 months and the four Airbus aircraft will be delivered in 2015 and 2016 in three batches.


Dr. Mike POON, Chief Executive Officer and Executive Director of CALC, said, “The entering into lease agreements with new customer Air Macau is a significant step for the Group to expand its footprint from China to Asia after establishing long-term partnership with Air India in the second half of 2014. The Group’s ability to deliver four leased aircraft in just two years affirms the Group’s close relationship with aircraft manufacturer Airbus and its fast delivery capability to meet the growing demand for leased commercial aircraft. Looking ahead, the Group will continue to expand its fleet, and bolster its aircraft leasing business in the foreign markets by actively implementing its expansion strategies. With a strong foothold in China and the ambition to expand globally, we will cement our leading position as one of China's largest independent aircraft leasing companies and stride towards our goal of becoming a full value-chain aircraft solutions provider.”

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China Aircraft Leasing Group Holdings Limited

Corporate Communications Department