US Ex-Im to help China’s ICBC Leasing buy Hawker Beechcraft demo fleet

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The Export Import Bank (Ex-Im) of the US is planning to provide financing to China’s ICBC Leasing to help it acquire Hawker Beechcraft’s demonstration aircraft fleet.

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The Export Import Bank  of the US (Ex-Im) is planning to provide financing to China’s ICBC Leasing to help it acquire a fleet of Hawker Beechcraft demonstration aircraft.

Ex-Im’s Board of Directors has approved the transaction and the financing is now being documented.

ICBC Leasing, a subsidiary of the Industrial Commercial Bank of China, will acquire the aircraft and lease them back to Hawker Beechcraft. The manufacturer will use them as demonstration aircraft in connection with sales campaigns and other potential sales to non-US based customers.

This is the first time that a Chinese domestic leasing company has obtained financing provided by Ex-Im.

The aircraft are expected to be based, and used as demonstration aircraft, in Asia, Europe, and the Middle East.

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Alasdair Whyte

Alasdair Whyte

Alasdair co-founded Corporate Jet Investor in 2010. He has more than 15 year's experience as a financial journalist and has specialised in aviation and high value assets for most of this time.

As well as editing the website, Alasdair helps to organise our international conferences and events. He also regularly chairs them as well as other industry events. He has chaired, spoken and moderated more than 100 conferences in 18 different countries.