About us

About us

Serving the world From the heart of Xiamen

Xiamen Aircraft Leasing Co., Ltd. was registered and established in the Xiamen Free Trade Zone, in September of 2015. The company aims to be “Serving the world from the heart of Xiamen".

It is the first aircraft asset management company in China that is primarily focused on mid-life aircraft; as well as, being the first flagship enterprise in the aircraft leasing industry in Xiamen Free Trade Zone.

Xiamen Airlease covers the full lifecycle management of flight equipment assets, ranging from the acquisition of commercial aircraft, aircraft engines, and helicopters; through financial and operating lease structures, to the aircraft asset disposal/sale; focusing on the mid- to end-of-life aircraft cycle.

Xiamen Airlease aspires to seamlessly connect the growing demand for the management of aging flight equipment assets in China, with the vast domestic and international market, creating a healthy industry for efficient circulation of aircraft assets globally, and providing maximum value for global aviation partners.

Executive team

Chunguang ChenChairman & CEO

Mr. Edward Chen serves as Chief Executive Officer and General Manager of Xiamen Aircraft Leasing Co., Ltd. (Xiamen Airlease), Since joining Xiamen Airlease, he has spearheaded the company's strategic focus on the pre-owned aircraft market, leading the team to rapidly expand the business scale, progressively enhance the industrial footprint, achieve steady growth in business performance, and significantly strengthen the company's position within the aviation leasing industry.

Prior to his current role, Mr. Chen held key positions including roles within the Finance Department of the Civil Aviation Administration of China (CAAC), service at the Beijing Representative Office of WILLIS Insurance Brokers Co., Ltd., and leadership roles culminating as Deputy Manager and subsequently General Manager of Air Union Insurance Brokers Co., Ltd.

Mr. Chen possesses deep expertise in both the Chinese civil aviation sector and the global aviation market, backed by extensive experience in developing domestic and international business opportunities. During his tenure as General Manager of Air Union Insurance Brokers, he was fully responsible for the Chinese civil aviation fleet insurance brokerage program. In this capacity, he served as the principal representative for the Chinese side in negotiations with international insurance brokers and reinsurance companies, effectively protecting Chinese interests.

Mr. Chen holds a Master's degree from the Central University of Finance and Economics.

Xiaoge (Jerry) Duan COO&Deputy General Manager

Mr. Jerry Duan serves as Chief Operating Officer and Deputy General Manager of Xiamen Aircraft Leasing Co., Ltd. (Xiamen Airlease). 

Prior to joining Xiamen Airlease, Mr. Duan held successive positions at China Northwest Airlines, the internationally renowned aircraft lessor GECAS, and China Aircraft Leasing Group Holdings Limited ("CALC"), where he served as Senior Vice President. He possesses extensive expertise spanning aircraft maintenance, engineering management, leasing, and sales. Throughout his career, he has evaluated, inspected, and delivered over 100 aircraft and engine assets. Mr. Duan is recognized as one of China's pioneering technical consultants in the global aircraft leasing industry.

During his tenure as Senior Vice President at CALC, he founded and led the company's engineering and technical team. Under his leadership, the team successfully executed multibillion-dollar transactions encompassing new aircraft/engine evaluation and procurement, used aircraft sale-leasebacks, trading deals, company mergers and acquisitions, and the establishment of new business platforms.

Mr. Duan holds a Bachelor's degree from the Civil Aviation University of China.

Dong BianDeputy General Manager

Mr. Bian Dong serves as Deputy General Manager of Xiamen Aircraft Leasing Co., Ltd. 

Mr. Bian brings extensive experience from key positions in aviation finance, having held roles including positions at the Agricultural Bank of China Zhengzhou Branch, Manager of Aircraft Financing and Aviation Insurance within the Finance Department of China Eastern Airlines, and Director of Aircraft Business at CCB Financial Leasing Co., Ltd. (CCB Leasing).

His significant accomplishments include establishing a large-scale portfolio of 80 aircraft under financing and operating leases for CCB Leasing. Furthermore, he successfully completed the financing and delivery of over 100 aircraft for China Eastern Airlines. This substantial track record, encompassing nearly 200 aircraft transactions, solidifies Mr. Bian's standing as a recognized expert in aircraft leasing, financing, and aviation insurance.

Mr. Bian holds a Master's degree from Renmin University of China.


Jinglu ZhaoCFO

Ms. Zhao Jinglu serves as Chief Financial Officer of Xiamen Aircraft Leasing Co., Ltd. 

Ms. Zhao brings extensive financial leadership experience from prominent roles across China's civil aviation sector, including Director of the Finance Department at the Civil Aviation Administration of China (CAAC), Chief Accountant of Capital Airport Holding Co., Ltd., and Vice President of the Civil Aviation Management Institute of China. Her unique background spans central government agencies, large state-owned enterprises, and higher education institutions.

With many years dedicated to financial management within the aviation industry, Ms. Zhao possesses deep proficiency in financial accounting, treasury and fund management, tax strategy, and investment oversight.

Ms. Zhao holds a Master's degree ,she graduates from Nankai University and is both a Senior Accountant and a Certified Public Accountant (CPA).

Chunguang Chen

Xiaoge (Jerry) Duan

Dong Bian

Jinglu Zhao

History

  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024
  • 2025
2015

On September 28th, Xiamen Aircraft Leasing Co., Ltd. (Xiamen Airlease) was registered and established in Xiamen Free Trade Zone with a registered capital of 200 million RMB.

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2016

Xiamen office was established.

The First Chinese Airlines Aircraft Leasing Conference was successfully held in Sanya.

The first financial leasing aircraft owned by Xiamen Airlease was delivered in Tianjin Free Dongjiang Trade Zone.

The first operating lease aircraft owned by Xiamen Airlease was delivered in Xiamen Free Trade Zone.

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2017

Li Dejin, the then Vice Governor of Fujian Province, visited Xiamen Airlease.

Tianjin, Guangzhou and Chengdu offices were established.

Entered into a strategic cooperation agreement with China Development Bank.

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2018

Shanghai office was established

The first aircraft owned by Xiamen Airlease was part-out.  

Completed the sale and leaseback project of 28 mid-life aircraft with China Eastern Airlines, setting a new record for the number of aircraft and transaction price in China‘s mid-life aircraft sale and leaseback market.

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2019

Won 2019 “Tao Zhu Gong Award” for Top Funding Solution by the Euro Finance.

Became the shareholder of Beijing GA Innovation China Aviation Asset Management Co., Ltd.

The first operating lease helicopter owned by Xiamen Airlease was delivered in Xiamen Free Trade Zone

The first international sales of a engine was completed.

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2020

The first operating lease wide-body aircraft owned by Xiamen Airlease was delivered in Xiamen Free Trade Zone.

The first engine part-out project was initiated.

The redelivery and re-disposal of the first batch of domestic sale-and-leaseback used aircraft was completed.

The Fifth Chinese Airlines Aircraft Leasing Conference was successfully held in Haikou

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2021

The module swapping repair and resale of the used engine was completed.

The used engine domestic lease and renewal was completed.

The international sales of the first single engine unit was completed.

Completed the extended lease of middle-aged and elderly owned aircraft in China

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2022

The first international sales of the used aircraft domestic delivery was completed.

The first domestic sales of the used engine was completed.

The first ferry flight abroad of the used aircraft was completed.

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2023

XAero(XMAL’s wholly-owned subsidiary)Obtained AEO Customs Advanced Qualification Certification. 

Xiamen LUXIAN (XMAL’s wholly-owned subsidiary) Obtained the Certificate of Aircraft Parts Distributor from Civil Aviation Maintenance Association Of China (CAMAC )

The first acquisition of a peer asset portfolio was completed.

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2024

The Sixth Chinese Airlines Aircraft Leasing Conference  was successfully held in Xiamen.

The company completed its first introduction of overseas peer assets into the domestic market, creating the first "cross-border property rights transfer + bonded leasing" business model in the Xiamen Pilot Free Trade Zone.

 The First wide-body aircraft part-out was completed.

 Xi'an Asia-Pacific Operations Center was established

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2025

The Seventh Chinese Airlines Aircraft Leasing Conference  was successfully held in Jinan.

The  first purely overseas transaction was completed.

X  Aero(XMAL’s wholly-owned subsidiary)was accredited as a global aerospace distribution partner by Honeywell.

The first back-to-back leasing operation was completed.

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