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China Aircraft Leasing Group Holdings ( (HK:1848) ) just unveiled an announcement.
China Aircraft Leasing Group Holdings Limited has announced the sale of eight lease-attached aircraft to an independent third party, as part of its strategy to enhance its credit profile and pursue sustainable growth. This transaction, involving six aircraft owned and two managed by the Group, is expected to be completed by the end of October 2025. The sale is a routine part of the company’s operations, aimed at optimizing its fleet portfolio and demonstrating its asset management capabilities, which could lead to further business opportunities.
The most recent analyst rating on (HK:1848) stock is a Hold with a HK$3.40 price target. To see the full list of analyst forecasts on China Aircraft Leasing Group Holdings stock, see the HK:1848 Stock Forecast page.
More about China Aircraft Leasing Group Holdings
China Aircraft Leasing Group Holdings Limited is a leading full value chain aircraft solutions provider. The company offers a range of services including aircraft leasing, purchase and leaseback, portfolio trading, asset management, fleet planning, fleet upgrade, aircraft maintenance, repair and overhaul, aircraft disassembling and recycling, and aircraft component trading.
Average Trading Volume: 451,292
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.43B
Learn more about 1848 stock on TipRanks’ Stock Analysis page.