ICBC to offer $3 billion for Chinese carriers

摘要

The Industrial and Commercial Bank of China (ICBC) has signed a memorandum of understanding (MoU) with Airbus to finance aircraft for Chinese carriers over the next five years. ICBC Leasing, a subsidiary of ICBC Bank, will have the ability to finance up to 70 A320s assembled at the Final Assembly Line Chinarn(FALC) in Tianjin, China. ICBC leasing can offer financing support of up to S3 billion.rnAs well as providing sale/leaseback opportunities for domestic airlines that have ordered Airbus aircraft, the leasing company is also considering purchasing aircraft from the French manufacturer directly.