By Niu Jin
With the initiation of A320 airbus project, the aviation industry in Tianjin demonstrates an unprecedented accumulation effect. Such projects as Grand China Express, Tianjin 764 Communication & Navigation Technology Corporation, Tianjin 105 Aviation Electro-Mechanical Co., Ltd, and Tianjin 609 Cable Co., Ltd have settled in Tianjin in succession. Such events as Nabtesco Corporation's airbus components, Thales Group's radars, Honeywell International and Memphis Group Inc's aviation manufacture and maintenance projects are also under the way. Changjiang leasing co., Ltd, one of the first batch of leasing pilots in financing domestic funds, officially moved in Tianjin in November 2007, filling the blank of aviation leasing industry in Tianjin and indicating the initial formation of aviation industrial chain in Tianjin.
The aviation leasing industry, one of important links in aviation industrial chain, has a profound meaning in connecting aviation upstream and downstream industries, building a complete aviation industrial chain and advancing a rapid and prudent development of aviation industry and financial industry. Specialists analyzed that the airbus leasing company, different from the selling mode of direct marketing or distribution in the traditional manufacture industry, played an important role in marketing airplanes. For the moment, the ratio between leasing and purchasing in the airbus team of aviation companies is about 6: 4 worldwide, i.e. there are 60 percent of the airbuses manufactured by airbus manufacturers sold to leading companies. The leasing industry brings more and more prominent benefits in the fields of financing and airbus team programming, which further makes aviation companies intend to lease airbuses.
Changjiang Leasing Co., Ltd, affiliated to Hainan Airlines Group, is one of the professional leasing companies dealing with the airbus leasing business earlier in China. The company has purchased nearly 30 airbuses in contracts, accumulated lots of leasing experiences, established a broad and close cooperation and relation with financial institutions, leasing companies and aviation companies at home and abroad, and could provide a matching service for homemade airbuses relying on its own advantages. After moving to Tianjin from Hainan province, Changjiang Leasing Co., Ltd actively promoted the fast growth of the aviation industrial chain in Tianjin. They succeeded in financing lease for 9 homemade ERJ airbuses through financial innovation, whose partners are such financial institutions as Tianjin Branch of China Construction Bank and Tianjin Trust and Investment Co., Ltd. And 2 out of the 9 airbuses have been leased to Grand China Express officially, and put into operation in several airlines from Tianjin to other key cities in China.
Liu Xiaoyong, President of Changjiang Leasing Co., Ltd, told reporter, "The first homemade lateral airbus leasing business we did in 2007 was done with the support of Tianjin Branch of China Construction Bank. The first issuance about trust programs we conducted in 2007 was for paying for airbus trust loan, which was finished with the support of Tianjin Trust and Investment Co., Ltd."
It is reported that because of the extremely complex transaction structure in airbus leasing, huge capital amount and very broad fields related to the industry, a large space can be provided for financial innovation. Tianjin Binhai New Area, as a national pilot zone for overall reforms, is equipped with favorable policies. The close cooperation between airbus leasing companies and financial institutions can realize an innovatively organic combination between preferential policies and airbus leasing business.
With the further promotion of the Strategy on Integration of Beijing, Tianjin and Hebei areas, the location advantage of Tianjin will become clearer, and more and more aviation companies will select Tianjin as their main operation bases in the future. Along with the sustainable expansion and perfection of aviation industrial chain, it is certain that the aviation leasing industry will become the band connecting the aviation manufacture industry and aviation transportation industry as well as the one between the aviation industry and financial industry, which plays an irreplaceable role in the aviation industrial chain.
The reporter understood that under the drive and the impact of Changjiang Leasing Co., Ltd, such leasing companies affiliated to Industrial & Commercial Bank of China and China Minsheng Banking Corporation, as well as Tianjin Detong Leasing Company Limited also choose Tianjin as the jumping-off for their leap-over development.
|
