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SDH Wings signs MoU with AviLease for aircraft upgrading

SDH Wings, a Chinese-owned aircraft leasing company under Sichuan Development Holding, signed an MoU with Saudi Arabia’s AviLease, an aircraft lessor, to fit 20 aircrafts with new technology. Under the agreement, the two companies will cooperate to identify and select the first five narrow-body aircraft from AviLease’s portfolio for upgrading. The MoU will also facilitate the process of expanding the scope and size of the aircraft portfolio of SDH Wings.