Abstract
Historically, aircraft leasing in China has been by foreign lessors leasing aircraft for the Chinese market. In the beginning, airlines owned the aircraft outright with financing from local banking institutions. Local airlines also leased a small number of aircraft, mainly the aircraft of ILFC and GPA, the founders of the industry, but now all airlines lease aircraft and these aircraft are leased by all major global aircraft leasing firms. These developments have propelled the government to enact new legislation to encourage the development of the local financial leasing industry and later on more specifically aircraft leasing.
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Yu, D. (2020). China Aircraft Leasing Industry Characteristics. In: Aircraft Valuation. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-15-6743-8_4
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DOI: https://doi.org/10.1007/978-981-15-6743-8_4
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