Keynote speaker at the first Asia’s Financial Skies, Hong Kong Exchanges and clearing chairman, Sir Chow Chung-kong, said the Hong Kong Special Administrative Region’s (HKSAR) proposed tax regime for aircraft lessors offers the sector transparent and attractive terms for establishing their businesses in the HKSAR. Read More » Speakers at the inaugural one day conference, organized by the Orient Aviation Media Group, debated the advantages of the lessor low rate tax regime, scheduled to pass into law in July, at a time when more and more airlines are leasing more of their airline fleets. Clarence Leung, asset finance and leasing director PwC Hong Kong, told delegates the number of leased aircraft that could be managed in Hong Kong would be more than 3,000, valued at US$91 billion, in the next two decades.

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