ICBC Leasing takes delivery of its first Airbus aircraft

Chinese aircraft lessor ICBC Financial Leasing Co. Ltd. took delivery of its first of 92 Airbus aircraft today, an A320, at a ceremony held in Toulouse, France.

ICBC’s A320 is equipped with 180 seats in a single class cabin and powered by CFMI engines. The aircraft will be operated by the low cost carrier Thai Air Asia.

The delivery is part of a firm order for 42 A320s signed in June 2011. In August 2012, ICBC placed a second order for an additional 50 A320 Family aircraft, including 30 A320ceo and 20 A320neo. In total ICBC has ordered 92 Airbus single aisle aircraft.

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“ICBC Leasing has set a goal to become one of the top lessors in the world. Today, we are happy to receive the first of the A320 Family aircraft we have ordered. This demonstrates that our aviation leasing business has taken a new step forward to play a bigger role in the international aviation market,” said Cong Lin, President of ICBC Leasing.

“We are very pleased to deliver the first A320 Family aircraft to ICBC Leasing. The A320 Family is the aircraft of choice in the world’s fastest growing aviation region because of its unbeatable economics and reliability,” said John Leahy, Airbus Chief Operating Officer, Customers. “Passengers love the widest and most comfortable single aisle cabin.”

Source: Airbus, an EADS N.V. company (Paris: EAD.PA)
Date: Oct 31, 2012