Banking in China

March 26, 2011 - 6:15am

Chinese companies are at the forefront of efforts to provide the capital needed to expand that country’s business aircraft fleet via finance and operating leases. Beijing-based Minsheng Financial Leasing has already acquired 32 jets and expects all of these to be in service with operators in China by year-end–at which point it intends to have extended its portfolio of aircraft ordered to around 50.