Tibet Financial Leasing Announce Commitment for 20 737 MAX Airplanes

By Airline Adviser | June 19, 2017

LE BOURGET, France, June 19, 2017 /PRNewswire/ — Boeing [NYSE:BA] and Tibet Financial Leasing today signed a Memorandum of Understanding (MOU) for 20 737 MAX airplanes at the 2017 Paris Air Show. The airplanes, including 737 MAX 10 and 737 MAX 8 airplanes, are valued at approximately $2.5 billion at current list prices.

“Our intention to purchase the 737 MAX reflects the strong customer feedback we have received,” said Wang Yanjun, President of Tibet Financial Leasing. “It is natural to start our aviation leasing business with the fastest-selling airplane in Boeing history. We are confident that our customers will be satisfied with the efficiency, economics, flexibility and passenger comfort that the 737 MAX promises to deliver.”

Tibet Financial Leasing was established as the first financial leasing company in Tibet Autonomous Region in 2015, with approval from China Banking Regulatory Commission. Tibet Financial Leasing is registered in Lhasa Economic and Technological Development Zone. The existing registered equity capital of Tibet Financial Leasing is RMB 3 billion.

Source Boeing / Edited By Airline Adviser 06/19/17

Posted in Airline Adviser, Boeing