(Beijing – January 16, 2023) AerDragon Aviation Leasing Company Limited (“AerDragon”) is pleased to announce that it entered into purchase agreement with JLPS Ireland Limited (“JLPS”) and took delivery of two A321neos on lease to Wizz Air, Europe’s fastest-growing and most environmentally sustainable airline globally. Nord LB and MUFG provided financing for the purchase.

“We are delighted to work with JLPS on this transaction to add more fuel-efficient new technology aircraft to our fleet, and we are honoured to welcome Wizz Air to AerDragon’s growing list of customers. Wizz Air is a top tier low-cost carrier, recognized for its attention to the environment and sustainability. We look forward to building a long-lasting partnership with each other.“ said Gang Li, AerDragon’s Chief Executive Officer.

About AerDragon

AerDragon was established in October 2006 and has a current customer base covering China and the rest of Asia, Europe and South America. It offers a range of services including aircraft leasing, trading, and asset management.

About JLPS

JLPS was established in 2019 as the inhouse asset manager and originator for its parent company JP Lease Products & Services Co., Ltd. JLPS has a portfolio of 107 aircraft, managed and committed, valued in excess of $5bn.

About Wizz Air

Wizz Air, the fastest-growing European ultra-low-cost airline, operates a fleet of 177 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 27.1 million passengers in the Financial Year F22 ending 31 March 2022. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ. The company was recently named one of the world’s top ten safest airlines by airlineratings.com, the world’s only safety and product rating agency, and 2020 Airline of the Year by ATW, the most coveted honour an airline or individual can receive, recognising individuals and organisations that have distinguished themselves through outstanding performance, innovation, and superior service. Wizz Air has also been recognised as the “Most Sustainable Low-Cost Airline” within the World Finance Sustainability Awards 2022 and the “Global Environmental Sustainability Airline Group of the Year” by the CAPA-Centre for Aviation Awards for Excellence 2022.

About Nord LB

With specialist teams based in Hannover, London, New York and Singapore, Nord LB truly established a global network which is the basis of its close relationships with their clients that enables Nord LB to develop tailor-made financing solutions based on their specific requirements. Their financial solutions also promote mobility and support the global transport of people and goods. Their focus is on modern and fuel-efficient aircraft types that foster sustainable and economic forms of airtransport.

About MUFG

 MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning around 50 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,100 locations in more than 50 markets. The Group has about 160,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

Media Contact:

Mr. Zhou Ningning

Tel +86 10 64107210

AerDragon@aerdragon.cn