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CALC signs SLB agreement with China Southern Airlines for 10 B737s

05/20/2022| 4:39:25 PM|

This is another cooperation between CALC and CSA, further deepening the long-term partnership between the two parties.

China Aircraft Leasing Group Holdings Limited (CALC) announced that it has entered into a sale-and-leaseback agreement with China Southern Airlines Co., Ltd. (CSA) for a total of 10 Boeing B737-700 aircraft. The aircraft are scheduled to be delivered no later than end of June.

CALC won a bid for two Boeing portfolios consisting of 10 old B737-700 aircraft aged 10-18 years from CSA via Shanghai United Assets and Equity Exchange through an open bidding process. 

This is another cooperation between CALC and CSA after an earlier transaction for two old-age A330 aircraft carried out in 2020 amid the pandemic, further deepening the long-term partnership between the two parties.

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TAGS: CALC | China Southern Airlines |
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