Global aircraft leasing company AviaAM Leasing has announced that Chinese authorities have awarded its Asian subsidiary – AviaAM Financial Leasing China – with a business license. The receipt of the approval allows AviaAM Financial Leasing China to start aircraft leasing and trading operations with customers from the People's Republic of China.
AviaAM Financial Leasing China is a joint venture between AviaAM Leasing and the Henan Civil Aviation Development and Investment Company (HNCA). The Henan-based company will build and manage a fleet of narrow-body aircraft worth of up to 900 million USD.
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