Finance, Taxes, Insurance
Minsheng Leads The Way in China’s Business Jet Finance Boom
The Minsheng Financial Leasing Co. Ltd. (MSFL) team picks up Corporate Jet Investor’s Asian Business Jet Financier of the Year Award (left to right): Tong Xiaotong of the Chinese group’s aviation leasing department; Wang Rong, CFO; Alasdair Whyte, CEO Corporate Jet Investor; David Tang, MSFL chief legal advisor; Andy Dong, associate director of MSFL’s financial markets department.
The Minsheng Financial Leasing Co. Ltd. (MSFL) team picks up Corporate Jet Investor’s Asian Business Jet Financier of the Year Award (left to right): Tong Xiaotong of the Chinese group’s aviation leasing department; Wang Rong, CFO; Alasdair Whyte, CEO Corporate Jet Investor; David Tang, MSFL chief legal advisor; Andy Dong, associate director of MSFL’s financial markets department.

It came as no surprise to industry watchers that Minsheng Financial Leasing Co. Ltd. (MSFL) won the recent Corporate Jet Investor (CJI) award for Asian Business Jet Financier of the Year. MSFL has so far signed agreements for, and placed nonrefundable deposits on, more than 100 private aircraft acquisitions in China. The firm’s total registered capital is RMB five billion ($790 million). By the end of June 2011, the company’s total assets had mounted up to 53.5 billion RMB ($8.5 billion) without any nonperforming assets, with total investments approaching 70 billion RMB ($11 billion).

Loading…