CMIFL orders 100 Airbus Helicopters

China Minsheng International Financial Leasing Corp., Ltd. (CMIFL) has ordered 100 Airbus Helicopters rotorcraft.

An initial batch of 10 helicopters are due to be delivered in 2016. The remaining aircraft are due to be delivered over a five year period.

CMIFL plans to offer the H125s and H130s helicopters to operators, complete with financing solutions in place.

“The relaxation of low-altitude airspace regulations in China signals exciting times ahead as helicopters are in need to accelerate infrastructural development and provide for society demands including medical airlift services and passenger transport.”

Wang Rong, chairman & president, CMIFL said: “The relaxation of low-altitude airspace regulations in China signals exciting times ahead as helicopters are in need to accelerate infrastructural development and provide for society demands including medical airlift services and passenger transport. CMIFL endeavors to provide leasing solutions and financial packages to ease the process of acquiring helicopters to meet these needs.”

China Minsheng International Financial Leasing Corp, was formed in April 2015 as a joint venture between China Minsheng Investments, and Korea’s Hana Bank. The company has an initial registered capital of 3 billion yuan, but plans to raise this to 6 billion yuan.

“This agreement augurs well for Chinese operators who will benefit from new financial leasing solutions and potential customers now have a viable and low-risk solution to launch or expand their commercial rotorcraft operations.”

Norbert Ducrot, president of Airbus Helicopters China added: “This agreement augurs well for Chinese operators who will benefit from new financial leasing solutions and potential customers now have a viable and low-risk solution to launch or expand their commercial rotorcraft operations. It is a significant achievement for our team in China, as they are dedicated to always look for solutions to adapt to our customers’ needs.”

Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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