In brief

Industrial Bank Financial Leasing has been revealed as the customer behind a previously undisclosed order for ten Bombardier CRJ900 regional jets. The Beijing-based bank initially signed a contract on June 20, and the two parties are now working on exploring market opportunities for regional fleet growth. The firm deal is valued at approximately $472m.

Bombardier Business Aircraft concluded a $129.4m deal for four Challenger 650 jets with Zetta Jet on October 30. The rapidly expanding Singapore-based charter operator currently flies an all-Bombardier fleet, with nine Global Express aircraft. The latest deal comes after the manufacturer signed a purchase agreement with China’s Minsheng Financial Leasing, which in turn signed a “strategic agreement on the co-operation in aircraft leasing” with Zetta Jet at the National Business Aviation Association’s (NBAA) 2016 Convention and Exhibition in Orlando, Florida.

Become a Premium Member to Read More

This is a premium article and requires an active Key.Aero subscription to view. You can also access it if you’re subscribed to one of our Key Publishing magazines.

I’m an existing member, sign me in!

I don’t have a subscription…

Why not join our community of aviation enthusiasts? Pick one of our introductory offers and access a wealth of world-class aviation content.