New mode of financial leasing takes off in Dalian

On June 19, Flight HO1163 of Juneyao Airlines took off from Shanghai Pudong Airport and landed smoothly at Dalian Zhoushuizi International Airport, marking the maiden flight of the first bonded financial leasing aircraft in Northeast China. It also marks the official commencement of Dalian's aircraft financial leasing business.

Financial leasing helps you get the equipment your business needs when you can't afford the upfront costs of buying it out right. Aircraft financial leasing is known worldwide as the "Pearl in the Crown of the Leasing Industry".

The Flight HO1163 aircraft is an Airbus A320. It was purchased by Juneyao Airlines via bonded financial leasing. Its lessor is a SPV (special purpose vehicle) firm established by BOC Financial Leasing Corporation Limited in the Dayaowan Comprehensive Bonded Zone in Dalian Free Trade Zone. BOC Financial Leasing Corporation Limited is a holding subsidiary of the stated-owned Bank of China.

The completion of the first aircraft bonded financial leasing business in Northeast Asia demonstrates Dalian's commitment to implementing the FTZ upgrading strategy and aligning with international economic and trade rules.

This flight is also a good cooperation example between state-owned enterprises and local enterprises, which is beneficial for the development of Dalian city and Liaoning province.