China Aircraft Leasing Group Holdings (HK:1848) has released an update.
China Aircraft Leasing Group Holdings Limited has announced the sale of three Airbus A320NEO aircraft to an independent state-owned entity, expecting to finalize the deal by the end of December 2025. The transaction is a major move for the company and is in line with their ordinary business of aircraft trading, aiming to boost income and maintain market demand. The sale adheres to the Listing Rules, being a Qualified Aircraft Leasing Activity, and is deemed fair and in the shareholders’ interests.
For further insights into HK:1848 stock, check out TipRanks’ Stock Analysis page.
