CALC to sell six aircraft to subsidiary of FTAI Aviation
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Background ✨
China Aircraft Leasing Group Holdings has previously engaged in similar transactions, such as a deal with Shanghai Tongshen Financial Leasing for five A321-200ceo aircraft expected to complete in Aug-20241. Additionally, it completed the sale of two A320 aircraft to Avenue Capital Group, marking its first transaction with the company2. FTAI Aviation, the buyer in the current transaction, has also been active in aircraft acquisitions, closing sale and leaseback transactions for 16 A320 family aircraft3.