Matouk Bassiouny & Hennawy Advises CALC on the Delivery of Two Airbus A320neo Aircrafts to Air Cairo
Matouk Bassiouny & Hennawy (“MBH”) is pleased to announce that we acted as the Egyptian legal counsel to CALC (China Aircraft Leasing Group Holdings Limited), a leading global aircraft lessor listed on the Hong Kong Stock Exchange, in connection with the completion of the delivery of two new Airbus A320neo aircraft to Air Cairo, under operating lease arrangements.
The two Airbus A320neo aircraft, powered by CFM International LEAP-1A engines, have been registered on the Egyptian civil aircraft registry as part of the transaction. Their delivery supports Air Cairo’s continued expansion of its domestic and international network and further strengthens CALC’s presence in the Egyptian aviation market.
With the completion of this transaction, CALC’s fleet of Airbus A320neo aircraft leased to Air Cairo has increased to four aircraft, further developing the leasing relationship between the two companies, which began in 2023.
The MBH team was led by Sherif El Hosseny, Partner and Head of Aviation, with the support of Associates, Malak Al Amiry, Farida Degheidy and Nayera Thabet.
Commenting on the transaction, Sherif El Hosseny said, “We were pleased to once again support CALC on the continued expansion of its partnership with Air Cairo. This transaction reflects the growing activity in Egypt’s aviation sector and the continued confidence of international aircraft lessors in the Egyptian market.”
Matouk Bassiouny & Hennawy has extensive experience advising international aircraft lessors, airlines, financial institutions and other stakeholders on aviation transactions in Egypt, including aircraft acquisitions, operating and finance leases, registrations and related regulatory matters.
