Bombardier and the Aviation Industry Corp. of China (AVIC) signed a memorandum of understanding (MOU) for an expanded cooperation to support the financing of commercial aircraft sales in China and globally.
“Bombardier’s portfolio of commercial aircraft is well positioned to meet China’s rapidly growing air transport infrastructure, and AVIC Leasing will use this MOU to work with airlines and develop solutions to their varied business requirements,” said AVIC president Zhao Hong Wei.
More than 80 Bombardier-produced aircraft operate in China. Over the next 20 years, Bombardier forecasts a demand for almost 2,400 commercial aircraft in the 60- to 149-seat segment in China and is working closely with local airlines, suppliers and stakeholders to assist in fleet and infrastructure expansion.
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