Aviation News
- Eastern Air to lease 13 planes
Date: 26-Mar-2007 Sources: (Shenzhen Daily)
CHINA Eastern Air Holding Co. said Friday it will spend US$794 million on leasing 13 aircraft this year after signing agreements with Industrial & Commercial Bank of China Ltd. (ICBC) and three French banks to finance the deals.
The French banks are Societe Generale, Credit Lyonnais and BNP Paribas SA, according to the company's statement posted on the State-owned Assets Supervision and Administration Commission's Web site. China Eastern Air Holding said its first leased aircraft this year will be an Airbus A330-200 and that ICBC and Credit Lyonnais will arrange the financing.
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