ATW Plus

China's ICBC Leasing, Bombardier sign $8 billion finance MOU

Bombardier Aerospace said it signed an MOU with ICBC Financial Leasing Co. covering up to $8 billion in capital that the wholly owned subsidiary of Industrial Commercial Bank of China will make available to support "advance payment financing, delivery financing and leasing solutions"for Bombardier business and commercial aircraft including Q-Series, CRJ Series and CSeries transports. Financial support will be available for aircraft transactions inside and outside China.

Bombardier Aerospace said it signed an MOU with ICBC Financial Leasing Co. covering up to $8 billion in capital that the wholly owned subsidiary of Industrial Commercial Bank of China will make available to support "advance payment financing, delivery financing and leasing solutions"for Bombardier business and commercial aircraft including Q-Series, CRJ Series and CSeries transports. Financial support will be available for aircraft transactions inside and outside China. The MOU ...

Subscribe to Access this Entire Article

"China's ICBC Leasing, Bombardier sign $8 billion finance MOU" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here

Please or Register to post comments.

Sign-up to receive our complimentary newsletter

ATW On-Location

Visit ATW at the Paris Air Show!
Booth:  Hall 3, Stand A-2


View all ATW On-Location

Recent comments

ATWOnline Marketplace - Buy a Link Now