China’s Comac Wins $2.3 Billion Regional Jet Order From Lessor

  • CALC is buying up to 60 ARJ21 regional jet from Comac
  • Jet will be flying with an Indonesian airline, CALC says

The ARJ21 jet in Chengdu Airlines livery.

Photographer: VCG via Getty Images
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Commercial Aircraft Corp. of China Ltd., the national planemaker, won an order from a local lessor for as many as 60 ARJ21 regional jets in a deal that may be valued at $2.3 billion in list prices.

China Aircraft Leasing Group Holdings Ltd., a lessor that’s listed in Hong Kong, agreed to purchase the aircraft, which will operate in Indonesia, the plane-leasing company said in a statement to the stock exchange late Monday. China Aircraft Leasing didn’t identify the Indonesian airline.