What does CALC mean in COMPANIES & FIRMS
CALC stands for China Aircraft Leasing Company. It is a leading aircraft leasing company in China, providing leasing, trading, and management services for commercial aircraft.
CALC meaning in Companies & Firms in Business
CALC mostly used in an acronym Companies & Firms in Category Business that means China Aircraft Leasing Company
Shorthand: CALC,
Full Form: China Aircraft Leasing Company
For more information of "China Aircraft Leasing Company", see the section below.
Key Points
- Industry: Aviation
- Headquarters: Beijing, China
- Founded: 2006
- Fleet: Over 100 aircraft (as of 2023)
- Customer Base: Airlines worldwide, including China Eastern Airlines, Air China, and Delta Air Lines
Services Offered
- Aircraft Leasing: CALC leases various types of commercial aircraft, including narrow-body, wide-body, and regional jets.
- Aircraft Trading: The company facilitates the sale and purchase of used aircraft.
- Aircraft Management: CALC provides comprehensive aircraft management services, including maintenance, insurance, and flight operations.
Business Model
CALC operates on a lease-to-own model, where it purchases aircraft and leases them to airlines. This allows airlines to acquire aircraft without making substantial upfront investments.
Financial Performance
The company has experienced significant growth in recent years. In 2022, CALC reported a net profit of approximately $200 million.
Essential Questions and Answers on China Aircraft Leasing Company in "BUSINESS»FIRMS"
What is China Aircraft Leasing Company (CALC)?
CALC is a leading aircraft leasing company based in China. It provides operating lease and financing solutions to airlines globally.
What types of aircraft does CALC lease?
CALC leases a wide range of aircraft, including narrow-body, wide-body, and regional jets from manufacturers such as Airbus, Boeing, Embraer, and Bombardier.
What is CALC's fleet size?
As of December 2022, CALC's fleet size exceeded 180 aircraft, with over 300 aircraft on order or committed.
What is CALC's focus on sustainability?
CALC is committed to sustainability and operates one of the youngest and most fuel-efficient fleets in the industry. It has set a target to achieve net-zero carbon emissions by 2050.
What is CALC's global presence?
CALC has offices in Hong Kong, Beijing, Dublin, Singapore, and Los Angeles, enabling it to serve customers worldwide.
What are CALC's financial strengths?
CALC has a strong financial track record, with investment-grade credit ratings from Moody's, S&P Global, and Fitch Ratings. It has a diverse funding base and a conservative financial approach.
How does CALC navigate the challenges in the aviation industry?
CALC adapts to industry challenges through its strong relationships with airlines, manufacturers, and investors. It leverages its expertise in risk management, fleet optimization, and financial structuring to maintain profitability and resilience.
Final Words: CALC is a major player in the global aircraft leasing industry. With its extensive fleet, comprehensive services, and strong financial performance, CALC plays a vital role in meeting the aircraft leasing needs of airlines worldwide.
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