China owned lessor, CDB Aviation, reports robust 2017
CDB leasing, headquartered in Dublin, but 100% owned by the Mainland’s China Development Bank, said it executed 162 aircraft transactions for the 12 months to December 31, last year, which were the lessor’s best operational results to date. Read More »
“Throughout this past year, the CDB Aviation team achieved several major milestones on our path to building a best-in-class global aircraft lessor, “ CDB Aviation president and CEO, Peter Chang, said last month.
Operational results included:
* 38 new aircraft delivered to 15 airlines in nine countries
* Nineteen aircraft sold
* Orders placed for 45 A320neo family aircraft, 52B737 MAX and eight B787s
* Completed irrevocably guaranteed US$43 billion medium-term note program, under which $800 million was drawn down
At year-end 2017, CDB Aviation had a fleet of 215 owned and managed aircraft on operating or finance leases and 184 orders for aircraft from Airbus and Boeing. It was listed on the Hong Kong Stock exchange in July 2016.