reports
CDB Aviation Purchases Four Airbus Aircraft from Avolon
DUBLIN--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), has closed the purchase of four aircraft from Avolon. The purchased assets comprise one A330-900, two A321neo, and one A320ceo aircraft, and contain both fixed and floating rate leases with CDB Aviation’s existing and new airline customers. “We are very pleased to have partnered with the Avolon team to carry out the acquisition of these predominantly new-gen assets on lease to some of our existing and new lessees, which allow us to further grow our ...
CDB Aviation Leases Additional Seven Narrowbody and Widebody Aircraft ...
ISTANBUL--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the signing of new lease agreements for a fleet of an additional seven narrowbody and widebody aircraft with its existing customer, Turkish Airlines (“Turkish”), the flag carrier of Türkiye. Under the new agreements, one used Airbus A330-343 will be delivered in May 2024 to support the expansion of Turkish’s mainline international operations, while another six Boeing 737 MAX 8 aircraft will be received between 2025 and 2026 by the ca...
CDB Aviation Leases Two A330-300s to Thai Airways
BANGKOK--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the signing of a lease agreement for two used widebody aircraft, Airbus A330-300s, with Thai Airways International Public Company Limited (“Thai Airways”), the national airline of Thailand. “We are delighted to be welcoming Thai Airways to our growing Asian Pacific customer base,” stated Jie Chen, CDB Aviation’s Chief Executive Officer. “The increased widebody fleet will strengthen the carrier’s position across its key intra-Asian mar...
CDB Aviation Enters Into Inaugural Sustainability Linked Loan for $625...
DUBLIN--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today that the lessor entered into its inaugural Sustainability Linked Loan (“SLL”) on December 1, 2023, anchored with a $625 million syndicated term loan facility. “This innovative facility marks a landmark transaction for the aviation finance space,” underscored Jie Chen, CDB Aviation’s Chief Executive Officer. “We’re thrilled to have leveraged our comprehensive sustainability strategy, with a particular focus on the activities across the ...
CDB Aviation Leases Fleet of Six Boeing and Airbus Aircraft to Hainan ...
SINGAPORE--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced on the sidelines of Airline Economics’ Growth Frontiers 2023 Singapore conference the signing of lease agreements for a fleet of three new Boeing 737 MAX 8 and three Airbus A320neo aircraft with its existing Chinese airline customer, Hainan Airlines Co. Ltd (“Hainan Airlines”). “We are very pleased to be building on our long-standing relationship with Hainan Airlines as they position their airlines to expand into the coming decade, aiming...
CDB Aviation Delivers First of Six A320neos to Air India
NEW DELHI--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of the first of a fleet of six Airbus A320neo aircraft to India’s leading global airline, Air India. In 2022, CDB Aviation became one of the first aircraft leasing companies to secure the placement of Air India’s additional A320neo aircraft, which will support the carrier’s multi-stage transformation initiative that is being rolled out post its acquisition by the Tata group. By incorporating the A320neo aircraft into...
CDB Aviation Leases Three A321neos to KLM
DUBLIN--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the signing of lease agreements for three new Airbus A321neo aircraft with KLM Royal Dutch Airlines (“KLM”). “We are thrilled to be expanding our long-standing relationship with KLM through the addition of these brand new A321neos to their fleet on operating lease,” said Peter Goodman, CDB Aviation’s Chief Commercial Officer. “These next generation aircraft offer the best performance in their category for the group’s network needs, ben...
CDB Aviation Leases A321NX to New European Customer AEGEAN
DUBLIN--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the execution of a lease agreement with the flag carrier of Greece, Aegean Airlines (“AEGEAN”), for one Airbus A321-271NX from the lessor’s orderbook. The Athens-based carrier is expected to take delivery of the aircraft in spring 2025 as it continues to expand in the European region by renewing its fleet and operating to new destinations, targeting to meet the robust passenger traffic levels to and from the country that are well ahead...
CDB Aviation Signs Lease Agreements with Turkish Airlines for Six 737 ...
DUBLIN--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the signing of lease agreements for a series of six Boeing 737 MAX 8 aircraft to its current customer, Turkish Airlines (“Turkish”), the flag carrier of Türkiye. All six aircraft are part of the lessor's existing orderbook with Boeing. They will be powered by CFM International Leap-1B engines and built with the AnadolouJet-specific configuration, which is a subsidiary of Turkish Airlines. Deliveries are set to take place in 2024 and 20...
CDB Aviation Sells One E190 to African Carrier Airlink
DUBLIN--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the execution of a sale and purchase agreement for one Embraer E190 aircraft with South African airline Airlink. The aircraft, previously on lease to BA Cityflyer, was delivered to Airlink in May 2023, coinciding with the airline’s celebration of connecting Southern Africa for 31 years. The transaction was the inaugural sale of the aircraft type from CDB Aviation’s portfolio. Prior to the sale, the lessor had 20 units of the E190 in it...
CDB Aviation and T’way Air Sign Lease Agreements for Two 737 MAX 8 Air...
DUBLIN--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the signing of lease agreements for a duo of brand-new Boeing 737 MAX 8 aircraft with South Korea’s T’way Air (“T’way”). Delivering from the lessor’s orderbook with Boeing, the South Korean carrier is expected to take delivery of the two aircraft between January and November 2024. “We’re pleased to be strengthening our relationship with T’way, one of the fastest growing low-cost carriers in South Korea, with this transaction for two ...
CDB Aviation Delivers China’s First A330 P2F on Lease to Sichuan Airli...
CHENGDU, China--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the re-delivery of China’s first-ever converted Airbus A330-300 Passenger to Freighter (“A330 P2F”) aircraft on lease to its customer, Sichuan Airlines. This press release features multimedia. View the full release here: Members of the Sichuan Airlines and CDB Aviation teams celebrated the re-delivery of China’s first A330 P2F in Chengdu, China. (Photo: Business Wire) The A330 was converted by Elbe Flugzeugwerke GmbH (“EFW”) wit...
CDB Aviation Releases Inaugural Sustainability Report
DUBLIN--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), today released its inaugural sustainability report, entitled: “Rising to the Challenge.” “CDB Aviation recognizes that climate change poses a fundamental challenge to the planet, society, and economy. Aviation, like all other industries, needs to transition to a low-carbon future,” contends Jie Chen, CDB Aviation Chief Executive Officer. “Achieving sustainable aviation is an industry-wide challenge that will only be solved by a collaborative and coord...
CDB Aviation Delivers First of Two A321NX Aircraft to Volaris
MEXICO CITY--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the delivery of the first of two A321neo aircraft fitted with Airbus’ Cabin Flex (“A321NX”) to its long-standing customer, Volaris (“Controladora Vuela Compañía de Aviación, S.A.B. de C.V.”). The delivery is part of the lease agreements signed with the airline in 2021, which forms part of the 13 total number of CDB Aviation aircraft on lease to Volaris. The carrier is expected to take delivery of the second A321NX by the end of 20...
Madam MA Hong Appointed as Chairperson and Non-Executive Director of C...
DUBLIN--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced that Madam MA Hong was appointed as Chairperson and Non-Executive Director of CDB Aviation, effective April 18, 2023. This press release features multimedia. View the full release here: Madam MA Hong was appointed as Chairperson and Non-Executive Director of CDB Aviation, effective April 18, 2023. (Photo: Business Wire) “I feel privileged to take on this role at such an exciting time for CDB Aviation, one of the premier global leasing compani...
CDB Aviation Completes Deliveries of Five New 737 MAX 8 Aircraft to Om...
DUBLIN--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the final delivery of a new Boeing 737 MAX 8 aircraft in a series of five deliveries contracted as part of a sale and leaseback transaction with Oman Air, the national airline of the Sultanate of Oman. The aircraft, equipped with the CFM Leap 1B27 engines and configured with 12 business and 150 economy class seats, will support the carrier’s ever-expanding network. Oman Air has been introducing routes throughout the Middle East and the ...
CDB Aviation Delivers Two Boeing 737-800 to Neos
DUBLIN--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the lessor delivered two Boeing 737-800 aircraft to a new customer, Milan-based Neos S.p.A. (“Neos”). This press release features multimedia. View the full release here: The lessor’s new Italian airline customer will deploy the two leased 737-800 aircraft on its European and intercontinental routes benefiting from tourism's post-pandemic rebound (Photo: Business Wire) Neos, which operates services from Italy and Europe to the Americas, A...
CDB Aviation Details Executive Leadership Transition
DUBLIN--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced that the Board of Directors selected Jie Chen to become the company’s new Chief Executive Officer (“CEO”). Mr. Chen will take the helm in early January 2023, replacing Patrick Hannigan whose retirement caps six years of leading the evolution of CDB Aviation into a globally positioned top-tier lessor. The announcement is the culmination of a planned transition that will ensure a smooth leadership changeover and lay a re-energized foundation...
CDB Aviation Leases Six A320neos to Air India
SINGAPORE--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced on the sidelines of Airline Economics Growth Frontiers Asia Pacific 2022 conference the signing of lease agreements for a fleet of six Airbus A320neo aircraft with India’s leading airline, Air India. CDB Aviation is among the first aircraft leasing companies to secure the placement of Air India’s additional A320neo aircraft under the recently announced multi-stage transformation plan since the purchase of the airline by Tata group, whic...
CDB Aviation Executes $650 Million Portfolio Secured Financing
SINGAPORE--(BUSINESS WIRE)-- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced on the sidelines of the Airline Economics Growth Frontiers Asia Pacific 2022 conference that the company has entered into a facility agreement for a US$650 million secured portfolio financing. The seven-year facility is secured with a portfolio of 15 narrowbody and widebody aircraft, comprising the Airbus A320/A321neo, A330-900, as well as Boeing 737-8 and 787-9 Dreamliner aircraft. “We continue to successfully address CDB Aviation’s capi...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.