29-Jun-2011 1:06 PM
China Aviation Supplies and ICBC Leasing to purchase 88 A320-family aircraft
Analysis
China Aviation Supplies Holding Company (CAS) and ICBC Financial Leasing Co Ltd (ICBC Leasing), a subsidiary of Industrial and Commercial Bank of China, signed new and firm agreements with Airbus on 28-Jun-2011 for a total of 88 A320-family aircraft. Valued at USD7.5 billion at list prices, they will be delivered between 2012 and 2015. No engine selection has been announced.
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