China Aircraft Leasing (CALC) has agreed to lease five Airbus A320s to Air India, marking its first deal with an airline outside of China.

The aircraft will be on 12-year leases, and come from CALC’s orderbook. They will be used to replace older A320s and A319s that are being phased out from Air India’s fleet.

Flightglobal’s Ascend Fleets database shows that the five aircraft allocated to Air India are powered by CFM International CFM56-5B4/3 PIP engines and are expected to be delivered between May and August 2015.

The transaction is CALC’s first with a foreign carrier, having until now dealt exclusively with Chinese airlines. China Southern Airlines, Sichuan Airlines and Chengdu Airlines are among its customers.

Source: Cirium Dashboard