An all-A320 operator, Spring Airlines has taken its milestone Airbus A320 on lease from ICBC Financial Leasing, a leasing company owned by the Industrial and Commercial Bank of China.

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Two Chinese companies, Tianjin Airlines and ICBC Leasing, have signed orders and commitments for a total of up to 60 aircraft from the Embraer E-Jets and E-Jets-E2 families in deals valued at a total of $3.3 billion, during Chinese President Xi Jinping’s state visit to Brazil.

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This is the second large Airbus A320-family order that ICBC Leasing has placed in 14 months. On June 28, 2011, ICBC Leasing placed a firm order for 42 A320-family aircraft as part of a General Terms Agreement covering 88 A320-family jets.

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China Aviation Supplies Holding Company and Chinese leasing company ICBC Financial Leasing Co., Ltd. have signed agreements with Airbus for a total of 88 A320-family jets. The General Trade Agreement includes a firm order for 42 aircraft.

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