Beijing, 1 August, 2019 – GECAS has delivered the first of four A320neo headed to Yunnan Hongtu Airlines (Hongtu Airlines). As announced at Farnborough 2018, Hongtu Airlines (operating as Air Travel) has agreed to lease four of the new-technology narrowbodies from GECAS’ skyline orderbook. This delivery marks the first LEAP-powered A320neo to enter service with Hongtu Airlines.
Launching operations in May 2016, the Kunming-based airline has more than doubled its fleet in the past year, with 9 aircraft from the Airbus A320 family – including A319, A320 and A321.
“We are privileged to support the expansion of Hongtu Airlines’ fleet with new technology aircraft,” explains Li Liu, GECAS’ EVP & Regional Manager Commercial, Greater China.
“We are very pleased to add this new neo provided by GECAS into our operations,” said Jiazhu Wu, Chairman of Hongtu Airlines “The commonality with our existing Airbus aircraft and the enhanced efficiency provided by the LEAP engines make the neo a strong complement to our fleet.”
GE Capital Aviation Services (GECAS) is a world-leading aviation lessor and financier. For over five decades, we have solved our customers’ challenges and helped their businesses to thrive. Whether your need is for narrow- or widebody aircraft, regional jets, turboprops, freighters, engines, helicopters, financing or materials, our name has become synonymous with trusted relationships, domain expertise and delivering on our promises.
GECAS offers a broad array of financing products and services on these assets including operating leases, purchase/leasebacks, secured debt financing, asset sales and servicing, and airframe parts management. GECAS owns, services or has on order more than ~1,700 (~1,350 fixed wing/ ~350 rotary wing), plus provides loans collateralized on an additional ~320 aircraft. GECAS serves ~250 customers in over 75 countries from a network of 22 offices around the world.