Aircraft financial leasing is a leasing method in which the lessor buys the aircraft selected by the lessee (airline), enjoys the ownership of the aircraft, and rents the aircraft to the lessee for paid use within a certain period of time, which has dual functions of financing and financial integration.

At the expiration of the lease period, the lessee may renew the lease, or give priority to the purchase according to the market economy or fixed price, or repay the aircraft to the lessor according to the prescribed conditions. There are many ways of financial leasing, among which the most commonly used are leveraged leasing with investment tax reduction, financial leasing supported by export credit in Britain and the United States and financial leasing for general commercial loans.

Aircraft leasing business has a large amount of money and a long term. In the financial leasing business, foreign lenders often require two guarantee conditions when providing financing-bank guarantee and aircraft mortgage in China.

Applicant for aircraft leasing guarantee business: an airline registered in People's Republic of China (PRC).

If you need to apply for aircraft leasing financing guarantee, you should meet the following basic conditions:

1. Hold the business license issued by the administrative department for industry and commerce.

2. Hold a loan card issued by the People's Bank of China.

3. Documents of the State Planning Commission approving the lease of imported aircraft.

4 normal operation, remarkable economic benefits, and the ability to ensure timely repayment of rent.

5. Sign an aircraft financing lease agreement with the lessor.

Application procedure

1. The applicant shall submit an application for leasing imported aircraft to the business department of the company, which shall specify the aircraft type, aircraft quantity, amount and delivery time required by the business department of the company, and provide the following documents and materials:

(1) Document of the State Planning Commission approving the lease of imported aircraft;

(2) Documents on the allocation of aircraft by CAAC to airlines;

(3) Introduction of the applicant;

(4) The financial statements of the applicant in the last three years;

(5) Financial accounting of imported aircraft;

(6) Unconditional and irrevocable counter-guarantee commitments provided by domestic counter-guarantee units to banks;

(7) documents sufficient to explain the economic strength of domestic counter-guarantee units, such as the introduction of counter-guarantee units and the financial statements of the last three years;

(8) Introduction of financing structure (financing lease mode) or leasing structure (operating lease);

(9) Introduction of the financing arranger of aircraft leasing (financing leasing method).

2. In the financial leasing business, in order to control the financing cost, the business department of the company can send personnel to participate in the financing scheme selection, financing arrangement and letter of guarantee terms negotiation of each aircraft;

3. After the above work is completed, the project can be reviewed.