China Aircraft Leasing Group Holding (CALC) successfully delivered six new Airbus A320neo aircraft to major airline partners within two months, including China Eastern Airlines and Sichuan Airlines, speeding the pace of deliveries.
The six aircraft are all from CALC’s order book delivered to customers in the China market including Hong Kong, Macao, and Taiwan under an operating lease. Together with the two A321neo previously delivered in June, CALC has regained a cautious trend of steady growth on its owned and managed fleet following slowdowns in deliveries due to the pandemic in China during the first half of the year.
The Group expects to deliver a total of 22 new aircraft from its order book in the second half of the year.
China's civil aviation industry has seen a stable recovery since June. According to data from the Civil Aviation Administration of China, in July, China’s civil aviation passenger traffic has been on the rebound for three consecutive months. Coupled with surging traffic in summer, China flew 33.996 million passengers in July showing a month-on-month increase of 54.5%.