A newly-leased plane was delivered on Friday in Dongjiang Free Trade Port Zone (DFTP) in the northern Chinese municipality of Tianjin, marking the 2,000th aircraft on lease since aviation leasing business began in the zone in 2009. Aircraft leasing is increasingly becoming the preferred option in the global civil aviation industry. In China, out of 4,054 registered passenger planes by the end of 2021, 62 percent were leased, up from 35 percent in 2010, statistics showed. "Leasing allows airlines to reduce cost and expand route layout and have more flexibility with capital and liquidity," said Yang Liu, head of the zone's administrative committee.

http://www.ecns.cn/news/2022-07-31/detail-ihcarefn4818030.shtml

#ecns