Dragon Aviation Leasing Announces US$230 Million Facility Closed With Export-Import Bank of China

Beijing, China – June, 2009 – Dragon Aviation Leasing Company Limited (“Dragon Aviation Leasing”), the aircraft operating lease joint venture based in Beijing, today announced that it has arranged and signed a US$230 million commercial facility for the financing of 6 Airbus A320 aircraft with The Export-Import Bank of China on behalf of AerDragon Aviation Partners Limited.

Jean-Louis Chevrot, Chief Executive Officer of Dragon Aviation Leasing, commented on the transaction: "Securing this facility is another milestone in the growth of our Company and this transaction strengthens our relation with a major financial institution, The Export-Import Bank of China, which has already provided pre-delivery payment financing for part of our order book. This is another reflection of the growing importance China is having in the international aviation sector. “