CDB Aviation Delivers Airbus A320 Aircraft to Allegiant



CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, delivered an Airbus A320-200 aircraft to Las Vegas-based ultra-low-cost airline Allegiant, a new customer for the company in the Americas region.

“With its efficient air service model focused on providing reliable and affordably accessible air travel, Allegiant has been strengthening its unique position of growth as the industry emerges from the pandemic,” Luís da Silva, head of commercial in the Americas for CDB Aviation, said. “This transaction is a valuable component of the carrier’s fleet plan for 2022 and beyond, and we look forward to building a long-term, strategic relationship with the Allegiant team.”

The aircraft will enter service, configured with 186 economy seats, to support the carrier’s business model: point-to-point commercial air service that links small city airports to leisure destinations across the United States.

“We appreciate CDB Aviation’s creative approach, providing a transaction that fits nicely with our fleet strategy,” Robert Neal, treasurer and senior vice president of corporate finance for Allegiant, said. “We’re pleased to be growing our fleet with high-quality aircraft well suited for our ULCC operation. We appreciate CDB Aviation’s confidence in Allegiant.”

“We’re delighted to welcome a new customer in North America, which demonstrates our continued efforts to build up the platform’s position in key markets across the globe,” Peter Goodman, chief marketing officer of CDB Aviation, said. “As airlines adapt fleets to meet the recovery in air travel, CDB Aviation is well positioned to provide fast-growing airlines, such as Allegiant, with access to an established fleet of varied aircraft types and full-service support to monetize post-pandemic growth opportunities.”


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com