China Aircraft Leasing Group Holdings (HK:1848) has released an update.
China Aircraft Leasing Group Holdings Limited has entered a deal to sell seventeen aircraft, including fifteen of its own and two managed on behalf of a third party, to optimize its fleet portfolio and enhance its credit profile. The agreement with an independent third-party purchaser, whose ultimate beneficial owner is the Investment Corporation of Dubai, is set to be completed in stages by June 2025. This strategic portfolio trade is part of the company’s regular business operations and is designed to foster long-term sustainable growth.
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