M
NU
Press Release

16

Jan

2020

CALC Welcomes its First Boeing 787 Dreamliner Passenger Jets

Hong Kong – 16 January 2020, CALC (the “Group”, SEHK stock code: 01848), a full value chain aircraft solutions provider for the global aviation industry, is pleased to announce that CALC has successfully received its first batch of two Boeing 787 Dreamliner passenger jets directly purchased from the Boeing Company (“Boeing”).

 

The arrival of  the Boeing 787 Dreamliner passenger jets marks a milestone in CALC’s history, as it is the Group’s first wide body aircraft in its order book. These two aircraft were successfully delivered to an airline in Asia in December 2019 and January 2020.

 

With industry-leading and cutting-edge technology, the Boeing 787 Dreamliner creates remarkable opportunities for airlines to offer better air travel experience for passengers. It boasts unparalleled fuel efficiency and range flexibility that enables carriers to profitably open new routes, as well as optimize fleet and network performance.

 

Mike Poon, Executive Director and CEO of CALC Group, said, “A strong order book is the driving force behind CALC’s sustainable business growth. CALC maintains strong relationship with OEMs by placing continuous and consistent order. Our first direct purchase of a Boeing 787 Dreamliner not only proves CALC’s notable capability in optimizing our diversified fleet portfolio, but also further bolsters CALC’s asset management capability in handling the full life cycle of wide-body aircraft, sharpening CALC’s full value chain solutions and fleet upgrade capability.

 

CALC is one of the world’s top 10 aircraft lessors in terms of the combined asset value of fleet and order book, according to ICF International. Further growth is expected in years to come, with the Group currently holding a substantial order book of 257 aircraft scheduled to deliver by 2023.

 

Media Contact

China Aircraft Leasing Group Holdings Limited

Corporate Communications Department

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