13-Jul-2012 1:04 PM

China Aircraft Leasing Co seeking to become main aircraft lessor in Asia

China Aircraft Leasing Co Ltd (CALC) founder and CEO Poon Ho Man said the company aims to become the main aircraft leasing company in Asia, according to a China Daily report. The company, which plans to launch an IPO in Hong Kong to help finance its fleet acquisitions, ordered 36 A320 aircraft at the Farnborough International Airshow. CALC plans to expand its fleet to 100 aircraft over the next three years. It also has orders for 20 C919 aircraft.