Hong Kong SAR-based China Aircraft Leasing (CALC) is selling three Airbus A320 units to Armogan Holdings II – a USA-based entity, which is principally engaged in the aviation leasing business and is a wholly owned subsidiary of Armogan Holdings I.
The latter is beneficially owned and controlled by LuminArx Capital Management LP, a global alternative investment manager focused on special situations investing, which is acting as purchaser guarantor in the sales transaction with CALC.
Seller: China Aircraft Leasing Company