DAE to lease two new Airbus A320 aircraft to Hongtu

DAE Capital and Yunnan Hongtu Airlines (Hongtu) of China have completed a lease agreement for two new Airbus A320-200 aircraft. These modern, fuel efficient planes will be delivered in 2018 and are part of a direct order DAE has with Airbus. The aircraft will come equipped with CFM 56-5B4/3 PIP engines. This latest addition to the Hongtu A320 family fleet will assist the carrier as it looks to capitalize on China’s increasing domestic demand for leisure and business air travel, offering a high-end, customized service to its passengers. Hongtu currently has a fleet of three Airbus A320 family aircraft and operates flights to 10 domestic destinations.