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Dentons team advises on financing of AVIC International Leasing's Airbus 321NEO aircraft purchase

Recently, a Dentons Shanghai team led by Senior Partner Wu Jingjing advised AVIC International Leasing on obtaining financing from China Development Bank's Shanghai Branch for one Airbus 321NEO aircraft and leasing this aircraft to Air China in Germany local time January 31 in Hamburg.

In this financial leasing deal, the lessor is a project company located in Tianjin Dongjiang Free Trade Zone set up by AVIC International Leasing. The contracts involved in this deal include financing agreement, aircraft financial leasing agreement, purchase equity transfer agreement, fuselage warranty agreement, engine warranty agreement and related notices and confirmation letters.

As the legal advisor for AVIC International Leasing and its project company, the Dentons team led by Wu Jingjing, assisted by Associate Wang Songyan, and Paralegals Liu Gongyuan and Fu Congye, provided full scope legal assistance on this matter, including drafting and revising the transaction documents, issuing legal opinions, providing advices and participating in negotiations.

Being the first cooperation between AVIC International Leasing and Air China, this deal's successful conclusion will also lay a solid foundation for their future cooperation. The Dentons team will continue to provide comprehensive, high-quality, professional and efficient legal services for clients including AVIC International Leasing to ensure the smooth progress of their each project.