Hong Kong Aviation Capital (HKAC) (Hong Kong), a fast growing aircraft leasing company, has signed a Memorandum of Understanding (MOU) with Airbus for the purchase of 40  A320neo and 20 A321neo aircraft. The agreement was signed at the Paris Air Show by Donal Boylan, CEO of HKAC and John Leahy, Airbus Chief Operating Officer, Customers.

HKAC is a Hong Kong based lessor which currently has a portfolio of over 50 Airbus aircraft. It has provided financing leasing services to several airlines in Asia and worldwide. It’s the first time for HKAC to directly place orders with any aircraft manufacturer.