Dragon Aviation Leasing: Delivery of One New B737-800 Aircraft to Shandong Airlines

Seattle, 27 April, 2011— Dragon Aviation Leasing today took delivery of one new B737-800 from Boeing in Seattle, USA and leased it to Shandong Airlines. The aircraft is the first of two which Dragon Aviatio n is purchasing from Air Europa ,Spain. The Export and Import Bank of China acted as sole arranger and underwriter for the financing of this aircraft. .

Immediately after delivery the aircraft will be flown to the Taikoo (Shandong) Aircraft Engineering facility in Jinan, China where it undergo a modification programme to conform the cabin and certain avionics with the Shandong standard specification.

Dragon Aviation Leasing expects to deliver the second B737-800 aircraft to Shandong Airline in mid-May.