Ping An Aircraft Leasing has delivered one A350-900XWB aircraft on sale and leaseback to Ethiopian Airlines on April 28, 2017 in Toulouse.
Ping An Aircraft Leasing is a wholly-owned Dublin-based subsidiary of Ping An International Financial Leasing Company Limited, and represents the first wide-body aircraft in its portfolio and also its first sale and leaseback transaction in Africa.
The aircraft is the first delivery from sale and lease back arrangement for two A350-900 delivering in 2017 between Ping An Aircraft Leasing and Ethiopian Airlines.