ICBC Aviation Leasing and GA Telesis have signed a Memorandum of Understanding (MOU) at the Paris Air Show to agree on building a marketing alliance in assisting airlines in their fleet renewal activities by trading out of mature or end of life aircraft and in providing spare engine financing and leasing solutions.
“As a world-leading commercial aircraft leasing company, with the strong backing of ICBC Bank, ICBC Aviation has experienced significant growth in terms of fleet size, customer base, and global branding. ICBC has successfully become a major aircraft leasing player in the world, and through this alliance and MOU, we will provide airlines with comprehensive fleet renewal solutions while further strengthening the relationship and scope with ICBC Aviation,” commented Abdol Moabery, President & CEO of GA Telesis.