CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, delivered the first of a fleet of six Airbus A320neo aircraft to 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 following its acquisition by the Tata Group. By incorporating the A320neo aircraft into the fleet, Air India aims to reduce its carbon footprint.

“India is a key market for CDB Aviation, being one of the fastest growing aviation regions in the world and the second largest Asian market for new aircraft deliveries, with nearly 1,000 jets on order with Boeing and Airbus,” Peter Goodman, chief marketing officer of CDB Aviation, said. “Our commercial team is delighted to have worked closely with Air India to address their fleet requirements with these new Airbus narrowbody aircraft from our order book. We are confident that these aircraft will play a pivotal role in Air India’s multi-stage transformation.”