Irretrievable Aircraft Impounded By Russia Bring CALC Into Red

Nordwind A321
Credit: Rob Finlayson
SINGAPORE—Not expecting to repossess two aircraft impounded by Russia, lessor China Aircraft Leasing Group Holdings Limited (CALC) will be writing down its security deposit, maintenance reserves and the value of the aircrafts’ engines from its books. The result is expected to bring the Hong Kong...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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