A Xiamen Airlines plane. [Photo/Xiamen Daily]
Leveraging the superior business environment and industry policies of the Xiamen Free Trade Zone, the FTZ introduced 12 new aircraft, five used aircraft, four aircraft engines, and three ships from January to August.
The scale of new specialized financial leasing assets reached a record high of 12 billion yuan ($1.69 billion), a year-on-year increase of 92.26 percent.
Since its establishment, the Xiamen FTZ has consistently prioritized financial leasing as one of its key development platforms, continuously innovating and becoming a nationally significant hub for the financial leasing industry.
In addressing the maximization of value in the used and retired aircraft market, the Xiamen FTZ has taken the lead in developing the industry of second-hand aircraft leasing and disposal, becoming the top destination in China for the disposal of middle-aged and older aircraft.
This year, it has achieved milestones such as the first cross-border leasing asset transaction and exported various aircraft and aviation equipment worth nearly 400 million yuan.
The Xiamen FTZ has been continuously improving the layout of the aircraft financial leasing industrial chain, and has achieved remarkable results in attracting investment this year. To date, it has established partnerships with more than 20 large leasing companies in China, including 11 aircraft leasing companies with fleet sizes ranking among the top 30 globally.