Airbus has delivered the first A320 aircraft assembled at its final assembly line in Tianjin. This aircraft was among the six Airbus A320 aircraft purchased by AerDragon Aviation Partners recently and was leased to Sichuan Airlines in June. Richards Butler, Run Ming and Clifford Chance helped complete this landmark transaction.
Richards Butler in association with Reed Smith and Beijing firm Run Ming advised the Export-Import Bank of China on a US$230m term loan facility to AerDragon for the purchase of the six aircraft. The Richard Butler team was headed by Hong Kong partner Emma Casdagli, and the Run Ming team by executive partner Liu Yi.
AerDragon engaged Clifford Chance for advice with Singapore-based Simon Briscoe being the lead partner. Clifford Chance was involved in the establishment of the Airbus A320 final assembly line in Tianjin in 2007.
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