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ICBC Leasing celebrates 350th aircraft in service

chinadaily.com.cn | Updated: 2018-09-29 15:57

ICBC Leasing announces the delivery of the third of four new Airbus A350-900 aircraft to Qatar Airways on Sept 29, 2018. [Photo provided to chinadaily.com.cn]

ICBC Leasing announced on Saturday the delivery of the third of four new Airbus A350-900 aircraft to Qatar Airways, on a long-term operating lease agreement.

The milestone delivery signifies the 350th aircraft in service in ICBC Leasing's fleet.

"ICBC Leasing is very proud to deliver our 350th aircraft to our long-term customer Qatar Airways. This is the ninth wide-body aircraft we have delivered to Qatar Airways, which shows our strong will to support the growth and global network development of the airline," said Zhao Guicai, CEO of ICBC Leasing.

His Excellency Mr. Akbar Al Baker, Qatar Airways Group chief executive, said: "It is an immense pleasure for all of us at Qatar Airways to be part of the milestone development achieved by ICBC Leasing and a testament to the fact that Qatar Airways is continuing to grow at a record pace."

ICBC Leasing is a leading international leasing company based in Beijing, China. By September 2018, ICBC Leasing had provided tailored aircraft leasing and financing services to 78 quality customers in 37 countries and regions. It recorded aviation assets of over 120 billion yuan ($17.5 billion), owned and managed 670 aircrafts, and delivered 350 aircrafts for operation. It is currently the largest aircraft leasing company in China in terms of fleet value.

Qatar Airways, the national carrier of the State of Qatar, is celebrating more than 20 years of "Going Places Together" with travelers across its more than 150 business and leisure destinations. The world's fastest-growing airline will add a number of exciting new destinations to its growing network in 2018, including Gothenburg, Sweden; Da Nang, Vietnam; Mombasa, Kenya; and many more, flying passengers on board its modern fleet of more than 200 aircraft.

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