CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, took delivery of its 100th Airbus A320 Family aircraft.

The A320neo aircraft, which will be operated by India’s low-cost carrier Go Airlines is part of a purchase and leaseback agreement signed with the carrier earlier in 2018. The delivery marks the overall 125th Airbus aircraft to join the lessor’s fleet.

“We are thrilled to mark this major milestone by adding the 100th A320 Family aircraft to our rapidly expanding fleet,” said CDB Aviation President and Chief Executive Officer Peter Chang. “At the same time, this overall 125th Airbus aircraft to join our fleet demonstrates the increasing strength and robust capabilities of our global operation.”

The aircraft will join GoAir’s all-A320 fleet and will be operated on the carrier’s network that connects prominent business metros and leisure destinations across the Indian subcontinent. Coinciding with the delivery, CDB Aviation and GoAir announced the signing of a purchase and leaseback agreement for the 14th A320neo, which will be delivered toward the end of the year.

“We are proud and humbled to support GoAir’s remarkable growth and bold marketplace initiatives through our long-term partnership, including the completion of today’s delivery and the latest transaction for an additional A320neo,” added Chang.