China Aviation Supplies Holding Company
|Parent||China's Civil Aviation Administration|
China Aviation Supplies Holding Company (CASC) is a Chinese aircraft lessor established in October 2002 and succeeding China Aviation Supplies Import & Export Group Corporation, founded in 1980. It offers operating lease, aircraft trading, sale-leaseback, asset management and engineering services, aircraft maintenance and manufacturing, flight training and support services, consulting, property management, advertising and IT, it has 14 framework agreements with Airbus and Boeing. Of the six holding companies of China's Civil Aviation Administration, it was the first established.
On 9 November 2017, CASC ordered 300 Boeing planes for $37 billion at list prices (a $123M average) during Donald Trump's China visit. The order could include 260 B737s and 40 B787/B777s. On 25 March 2019, during Chinese leader's Xi Jinping state visit to France, CASC ordered 290 Airbus A320 and 10 Airbus A350, worth $34 billion at list prices before discounts.
- "China Aviation Supplies Holding Company (CASC)". CAPA Centre for Aviation.
- Mavis Toh (9 Nov 2017). "China signs for 300 Boeing aircraft". Flightglobal.
- Katie Cantle (Nov 9, 2017). "China signs for 300 Boeing aircraft". Aviation Week Network.
- "The Latest: Macron Praises Ties Between France, China". AP. March 25, 2019.
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