Articles from CDB Aviation

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), detailed the lessor’s robust commercial activity and cost management and streamlining initiatives undertaken in 2024.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the closing of a sale and leaseback transaction for one Airbus A350-900 aircraft with returning airline customer Air France.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the completion of a sale transaction for two Airbus A330-200 aircraft with National Airlines (“National”).

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the completion of a mandate to sell eight Airbus A330-200 aircraft.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of one Airbus A330-300 Passenger to Freighter (“P2F”) aircraft to a new customer in Türkiye, MNG Havayollari ve Tasimacilik A.S. (“MNG Airlines”).

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today that the lessor entered into a US$700 million facility agreement secured with a portfolio of Airbus and Boeing narrowbody and widebody aircraft on lease to various of the lessor’s airline customers.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced the delivery of the first of two Airbus A320-200neo aircraft on lease to a new Chinese airline customer, Nanning-based Guangxi Beibu Gulf Airlines (“Beibu Gulf Airlines;” aka “GX Airlines”).

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 two Boeing 737 MAX 8 aircraft with a new customer, Romanian flag air carrier TAROM.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced the delivery of the first of three Airbus A320neo aircraft to a new Chinese airline customer, Colorful Guizhou Airlines Co., Ltd. (“Colorful Guizhou Airlines”).

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the execution of lease agreements for two Airbus A320neo aircraft with a new customer and one of the largest carriers in the Commonwealth of Independent States (the “CIS”) countries, Azerbaijan's national air carrier, Azerbaijan Airlines (“AZAL”).

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), today released its second sustainability report, outlining Environmental, Social and Governance (“ESG”)-related activities for the year 2023.

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.

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.

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.

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.

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”).

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.

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”).

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.

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.

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.

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”).

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.

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, 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.”).

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.

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.

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”).

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”).

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, 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.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of the last of ten Airbus A320-200 aircraft to Indonesia’s newest low-cost airline, Super Air Jet (“SAJ”).

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of one Airbus A320neo to Turkish Airlines, the flag carrier of Türkiye. The transaction marks the introduction of the inaugural A320neo to the carrier’s fleet.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of one Boeing 737-800 to Corendon Airlines Europe (“Corendon”), a Corendon Airlines charter subsidiary based in Malta.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the signing of a sale and leaseback agreement for two Airbus A320neo aircraft with a new customer in the Middle East, Kuwaiti carrier Jazeera Airways (“Jazeera”).

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), has agreed to lease two Airbus A320neo aircraft to the Irish flag carrier, Aer Lingus, for delivery during this summer season. The transaction marks the introduction of the first A320neo variant in the airline’s growing fleet.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the appointment of Brian Dowling as Chief Technical Officer.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the signing of new lease agreements with Aerovías del Continente Americano S.A. Avianca (“Avianca”) for two Airbus A330-300 Passenger to Freighter (“P2F”) and one A320neo aircraft.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the promotion of Fiona Scott to the newly created role of Chief People Officer.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the signing of a US$530 million unsecured syndicated term loan with BNP Paribas and a group of leading global financial institutions.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), today took delivery of the first freighter aircraft in the lessor’s history, an A330-300 passenger-to-freighter (“A330 P2F”).

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the lessor entered into a new sale and leaseback agreement with its existing customer, Volaris (“Controladora Vuela Compañía de Aviación, S.A.B. de C.V.”), for a fleet of five Airbus aircraft, encompassing two A320neos and three A321neos.

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 up to five Airbus A320neo aircraft to a new airline customer, flynas, the Saudi Arabia-based air carrier.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), appearing today on the sidelines of Singapore Air Show, detailed new developments in its A330 passenger-to-freighter (“A330 P2F”) strategy and related commercial activity.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today that former GECAS executive Ryan Barrett has joined its commercial team as Head of Commercial, Asia Pacific.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the delivery of the last of seven Boeing 737 MAX 8 aircraft to GOL Linhas Aéreas Inteligentes S.A. (“GOL”; NYSE: GOL and B3: GOLL4), Brazil’s largest domestic airline.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the appointment of Michelle Wu as Head of Commercial, Greater China.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced the completion of deliveries of a fleet of fifteen new Boeing aircraft to U.S.-based United Airlines Holdings, Inc. (“United;” NASDAQ: UAL). The sale and leaseback transaction covered a fleet of two 787-9 Dreamliners and thirteen 737 MAX 8 aircraft, which were delivered between 2020 and 2021.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), today delivered the first of two Boeing 737-800 aircraft to Sun Country, a Minnesota-based, hybrid low-cost airline.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the signing of international aircraft lease agreements with Colombia’s flag carrier Aerovías del Continente Americano S.A. Avianca (“Avianca”) for a fleet of five Airbus A320neo aircraft.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of an Airbus A320-200 aircraft to a new customer in the Americas region, Las Vegas-based ultra-low-cost airline Allegiant.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced the signing of a new agreement with Mexico’s number one airline, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris”), for the sale and leaseback of four new Airbus A320neo aircraft.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the company has entered into a facility agreement for the secured portfolio of thirteen Airbus and Boeing aircraft, valued at approximately US$660 million. The transaction brings the lessor’s executed financings year-to-date to a total of US$2.53 billion.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the company has reached an agreement with Mexico-based MasAir Cargo Airline (“MasAir”) for the lease of two Airbus A330-300 Passenger-to-Freighter (“P2F”) aircraft, marking the lessor’s first-ever lease transaction with an airline operator for the aircraft type.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced that the company delivered the first of four Airbus A320neo family aircraft on long-term lease to Russia’s flagship airline, Aeroflot.