BCI Aircraft Leasing, Inc. To Conduct Sale-Leaseback With China Airlines

September 16, 2008 (PRLEAP.COM) Business News
Chicago-based BCI Aircraft Leasing, Inc. ("BCI") has signed a letter of intent for a sale and leaseback transaction with China Airlines.

The deal will include a 2006 Airbus A330-300 commercial aircraft which will be operated in passenger service on long-term lease by the Taiwan-based carrier.

"We are grateful for the opportunity to add Taiwan's leading airline to our list of respected, worldwide partners," said Alain Maestracci, BCI's Vice President, Business Development. "China Airlines is an important and growing carrier and we look forward to building and expanding this relationship."

As the largest airline in Taiwan, China Airlines operates the island's most extensive and highly regarded international network of passenger and cargo services.

"Expanding our business in Asia has been a long-term strategic goal for BCI. We are excited and honored by the chance to serve such a prominent airline in the region," said Brian Hollnagel, BCI's President and CEO.

BCI Aircraft Leasing, Inc was founded by Brian Hollnagel in 1997 and since then has become one of commercial aviation's leading privately-held operating leasing companies. BCI provides airlines with financial products and services to help them achieve their financial and fleet planning goals. BCI Aircraft Leasing's customer list includes leading airlines such as Air Canada, Air France, KLM Royal Dutch Airlines, Southwest Airlines, Swiss International Air Lines, US Airways, and many other prominent air carriers around the world. For more information, please visit www.bciaircraft.com