China Aircraft Leasing Company Limited (CALC) has completed negotiation with Commercial Aircraft Corporation of China (COMAC) for the purchase of 20 C919s, CEO of CALC Pan Haowen told Economy & Nation Weekly in an interview.

CALC is expected to sign the purchase contract with COMAC in September. The 20 C919 aircraft will be leased to domestic customers by means of financial leasing.

Pan said C919 has a promising future in the world markets, adding that the domestically-produced aircraft offers a more competitive price than its foreign competitors.

CALA will be one of C919's launch customers, a staff of COMAC Sales &Marketing Department confirmed.

The Chinese-made large aircraft C919, which is under research and development, has won orders for 100 aircraft from domestic and overseas enterprises including U.S.-based GE Capital Aviation Services.

The Hong Kong-based CALA is an aircraft leasing company founded in 2006 with offices in Beijing, Tianjin and other cities in mainland China. Chengdu Airlines Co., Ltd. , a branch company of COMAC, is also one of CALA's customers. The regional carrier has taken delivery of a single Airbus A320-200 from CALC through operating leasing in 2010.