Taiwan leasing firm to finance PhilJets’ 5th H130

A Taiwanese financial institution said it will finance Filipino aviation service provider PhilJets Group’s fifth Airbus H130 helicopter.

“The Philippines has shown strong economic growth in the past decade and the trend is expected to boost the local market’s demand for aircraft leasing services. We establish a partnership in the Philippines with PhilJets as part of our plans to tap into local markets and provide our competitive financing solutions,” Chailease Regional Manager Alexander Tang said in a statement released to the press on Tuesday.