AVIC Develops Finance Service Partner for Y12

On Sep. 5, AVIC Harbin inked an agreement with Tianjin Lingang Financial Leasing Co. Ltd, to provide leasing service of Y12 turboprop into market.

In recent years, aircraft leasing service has been an urgent need for airlines in China, and increasingly become a essential part of the aircraft sales process. Through the agreement, Tianjin Lingang will provide a standard leasing plan and a package of solution including aircraft products and financial leasing service.

Y12 is a utility aircraft from AVIC. Y12F, its latest version with glass cockpit, has received FAA certification in 2016.