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CCB Financial Leasing Corp to buy 50 C919 airliners

Sep. 20, 2012 (China Knowledge) - CCB Financial Leasing Co Ltd, which is co-invested by China Construction Bank Corp or CCB<601939><0939> and Bank of America, inked an purchase agreement with Commercial Aircraft Corporation of China Ltd or COMAC, a leading aircraft manufacturer in the country, to buy 50 C919 airliners.

This is COMAC’s third C919 order this year. In February 2012, BOC Aviation ordered 20 units of C919 during the 2012 Singapore Airshow, while at the end of June ABC Financial Leasing ordered 45 C919 airliners.

The C919 model is a planned family of 168 to 190 seat narrow-body airliners designed and manufactured in China, and it will receive airworthiness certificate and deliver to users in 2016.

As of to date, 13 companies have ordered the C919 aircraft including Air China Ltd<601111><0753>, China Eastern Airlines Co Ltd<600115><0670> and China Southern Airlines Co<600029><1055>.

Currently, C919’s total orders amounted to 330 units, China Knowledge Aviation reported.

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