ICBC Leasing leases aircraft to Himalaya Airlines

Funder	ICBC Financial Leasing Co., Ltd. (ICBCFL) (ICBC Leasing)
Recipient Organization	Himalaya Airlines
Country	Nepal
Start Date	Jan 01, 2015
End Date	Oct 11, 2026
Duration	4,301 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`96642`

Grant Description

ICBC Leasing leases aircraft to Himalaya Airlines ICBCFL entered into an aircraft leasing agreement with Himalaya Airlines in Nepal. The first aircraft delivered under this agreement is a newly built Airbus 320 aircraft in 2015. Himalaya Airlines is a China-Nepal joint venture airline company.

📚 Sources & References

PUBLICATION OF OFFERING CIRCULAR AND PRICING SUPPLEMENTS ON THE STOCK EXCHANGE OF HONG KONG LIMITED ICBCIL FINANCE CO. LIMITED
Nepal-China Joint Venture Airline Starts Operations in Two New Destinations
ICBC's fledgling leasing arm spreads its wings Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.