Cheung Kong signs deals to purchase $2bn worth
aircraft
Hong Kong-based conglomerate Cheung Kong has entered into a series of
agreements to buy aircraft worth around $2bn to enter the aircraft leasing
market.
Under the deals, Cheung Kong will buy 45 airliners and interest in
around 15 aircraft.
The company has signed deals with GE Capital Aviation Services and
Bank of China's aviation leasing business.
Under the deal, the company will buy 11 Airbus A320-200s, five Boeing
737-800s and two 737-900ERs as well as three 737-800s from GE affiliates; ten
airliners from BOC Aviation and 14 aircraft from Jackson Square Aviation.
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