China Aircraft Leasing has agreed a USD$10.2 billion deal to buy 100 planes from Airbus, subject to shareholder approval.
The aircraft will be delivered over the period 2016-2022, and will be funded by bank loans, debt, equity financing and working capital among other means, CALC said in a stock exchange filing.
The deal, first announced on November 6, includes 74 A320neos.
Hong Kong-based CALC is part of an expanding breed of Chinese leasing companies focusing on medium-haul aircraft for the country's crowded domestic routes.
China is the world's fastest-growing aviation market and is set to surpass the United States as the busiest domestic air travel market within 10 years, according to recent Airbus forecasts.