Bombardier Aerospace and AVIC International Leasing (AVIC Leasing) of the People's Republic of China announced a memorandum of understanding (MOU) for an expanded co-operation to support the financing of commercial aircraft sales in China and globally. The MOU entered into between AVIC Leasing and Bombardier was one of several agreements signed at the Canada China Business Forum held on February 9th, in Beijing.
“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 Zhao Hong Wei, President, AVIC Leasing.