CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd., has announced the signing of lease agreements with Ethiopian Airlines for two Boeing 737 MAX 8 aircraft, further strengthening the African flag carrier’s position as a regional leader in fleet modernization and connectivity.
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd., has announced the successful delivery of five Airbus A320neo Family aircraft to Volaris, one of Latin America’s largest and fastest-growing low-cost carriers. The delivery—comprising two A320neo and three A321neo aircraft—marks a significant milestone in the long-standing partnership between the lessor and the Mexican airline.
Group Engine Management GmbH has entered into a new strategic partnership with CDB Aviation through the signing of a General Terms Agreement (GTA) for aircraft engine leasing. The initial step under this broader cooperation involves a lease agreement for four Pratt & Whitney PW1100 engines, which will be deployed to support the Lufthansa Group Airlines fleet.
Turkish Airlines has expanded its diverse fleet with the addition of two aircraft: one Airbus A350-900, serial number 734 which previously flew for Lufthansa, and one Airbus A321, serial number 5025, acquired through a lease from CDB Aviation. This dual delivery supports the airline’s ambitious growth plans and strategic focus on modernizing both long-haul and regional operations.
CDB Aviation has delivered a second Airbus A321-253NX to My Freighter LLC, which will operate the aircraft under the Uzbekistan-based airline Centrum Air. This delivery marks another key step in the expanding strategic partnership between the lessor and the carrier, aimed at supporting rapid aviation growth within the Uzbek market.
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd., has executed lease agreements with Zhejiang Loong Airlines Co., Ltd. (Loong Air) for six Airbus A321neo aircraft, with deliveries scheduled for 2027. The transaction reflects the two companies’ longstanding strategic relationship, spanning over a decade, and reinforces their mutual commitment to supporting China’s aviation development.
CDB Aviation, the Ireland-based aircraft leasing arm of China Development Bank, has completed the delivery of three Airbus A320neo aircraft to Volaris, Mexico’s largest low-cost airline. The addition of these next-generation narrowbodies underscores Volaris’ ongoing fleet renewal strategy focused on fuel efficiency and sustainability.
CDB Aviation, a global aircraft leasing company headquartered in Ireland, has completed a delivery of one Airbus A321neo to Aegean Airlines, marking a continuation of its support for the Greek flag carrier’s fleet modernization. The aircraft was transferred directly from CDB Aviation’s orderbook, underscoring the lessor’s long-term investment in new-generation aircraft.
Fitch Ratings, a prominent global credit rating agency, has assigned a long-term issuer credit rating of ‘A’ to CDB Aviation Lease Finance’s proposed fixed-rate senior unsecured US-dollar notes. The rating applies to the new tranche of debt instruments being issued under the company’s expansive funding programs, including its recently priced $700 million senior notes.
CDB Aviation Lease Finance, through its CDBL FUNDING 1 subsidiary, has successfully completed a dual-tranche offering of senior unsecured notes totaling $700 million. The transaction, finalized on 20 May 2025, is part of the company’s broader $3.0 billion Medium-Term Note (MTN) Program, which enables it to flexibly access capital markets and support ongoing fleet growth and lease portfolio expansion.
