ICBC Leasing Selects Rockwell Collins Avionics for up to 42 Airbus A320s

SINGAPORE--(BUSINESS WIRE)--China-based ICBC Leasing has selected a comprehensive suite of Rockwell Collins’ communication, navigation and surveillance avionics as baseline for up to 42 new Airbus A320 aircraft. Deliveries of these aircraft are expected to commence later this year.

“This is the first time that ICBC Leasing is bringing a baseline package of our avionics to their customers, including our most advanced weather radar – MultiScan™, and the GLU-925 Multimode Receiver”

A signing ceremony to commemorate the agreement was held today at the 2012 Singapore Airshow.

“ICBC Leasing is pleased to select Rockwell Collins as its baseline supplier,” said Tao Mei, Executive Vice President of ICBC Leasing. “This will strengthen our position as a provider of reliable and flexible fleet solutions for our global customer base.”

“This is the first time that ICBC Leasing is bringing a baseline package of our avionics to their customers, including our most advanced weather radar – MultiScan™, and the GLU-925 Multimode Receiver,” said Colin Mahoney, vice president, Sales & Marketing for Commercial Systems at Rockwell Collins. “This technology plays an important role in increasing the safety and efficiency of air traffic operations in this regions’ evolving airspace.”

Rockwell Collins has strategically located service centers in China that can cost-effectively support and service its avionics on ICBCL’s fleet.

Rockwell Collins is the leading provider of air transport aircraft avionics in the Asia Pacific region. The company’s avionics are present across a wide range of airlines, including forward fit positions with original equipment manufacturers COMAC and Mitsubishi.

About ICBC Leasing
ICBC Financial Leasing is a wholly owned subsidiary of Industrial and Commercial Bank of China. ICBC Leasing focuses on three business lines - aviation, shipping and large-ticket equipment. ICBC Leasing has become a pioneer and market leader in the financial leasing industry since its inception in November 2007. With the strong cooperation of its business partners, ICBC Leasing forges ahead with a global vision to build on a market-oriented culture and to offer innovative, tailor-made solutions and professional services. ICBC Leasing owns and manages 72 modern aircraft and has 42 Airbus A320 family and 45 Comac C919 on order as of January 31, 2012. To find out more, please visit www.icbcleasing.com.

About Rockwell Collins
Rockwell Collins (NYSE: COL) is a pioneer in the development and deployment of innovative communication and aviation electronic solutions for both commercial and government applications. Our expertise in flight deck avionics, cabin electronics, mission communications, information management, and simulation and training is delivered by 20,000 employees, and a global service and support network that crosses 27 countries. To find out more, please visit www.rockwellcollins.com.