Chailease Singapore Subsidiary Acquires Airbus ACJ220 Business Jet for $80M
Chailease-KY's Singapore subsidiary acquired an Airbus ACJ220 for $80 million to expand its financial leasing business in the high-growth ASEAN region.
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- 📰 Published: April 23, 2026 at 22:42
- 🔍 Collected: April 23, 2026 at 23:02 (19 min after Published)
- 🤖 AI Analyzed: April 23, 2026 at 23:33 (31 min after Collected)
Chailease-KY announced today that its subsidiary, Chailease International Financial Services (Singapore) Pte. Ltd., has acquired an Airbus ACJ220 business jet for a total transaction value of US$80 million (approximately NT$2.55 billion). According to Chailease Holding, the aircraft will be leased to customers through a finance lease arrangement. At a recent investor conference, Chairman Feng-Long Chen noted that while profit growth slowed last year, the company expects double-digit growth in the ASEAN region this year, while Taiwan and China are projected to maintain single-digit growth. Chailease's core business involves providing diverse financial products for SMEs, including leasing, installment payments, accounts receivable management, and direct financing. The company operates in Taiwan, China, Thailand, Vietnam, Malaysia, Cambodia, the Philippines, Indonesia, and the United States.