CMIFL orders 100 Airbus Helicopters

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Norbert Ducrot (right) and Wang Rong (Credit: 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.”

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