Jie Chen was named new chief executive officer of CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, chosen by the board of directors. Effective early January 2023, Chen will replace Patrick Hannigan who is set to retire. read more

NOV 29, 2022 - 7:12 am

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, leased two Airbus A320neo aircraft to Irish flag carrier Aer Lingus. The aircraft will be delivered to Aer Lingus in July. read more

JUN 28, 2022 - 7:40 am

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, appointed Brian Dowling chief technical officer. Dowling has a career spanning more than four decades in the aircraft leasing and airline maintenance, repair and overhaul industries. read more

MAY 26, 2022 - 7:43 am

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, promoted Fiona Scott to the newly created role of chief people officer. read more

MAY 24, 2022 - 7:09 am

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, procured a $530 million unsecured syndicated term loan from BNP Paribas and a group of other financial institutions. read more

MAY 11, 2022 - 6:56 am

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, took delivery of the first freighter aircraft in the lessor’s history, an A330-300 passenger-to-freighter. read more

APR 26, 2022 - 7:09 am

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, delivered the first of up to five Airbus A320neo aircraft to flynas, a Saudi Arabia-based air carrier. The carrier is a new airline customer for CDB Aviation. read more

FEB 22, 2022 - 6:14 am

CDB Aviation committed to an additional 12 conversions with EFW, expanding its A330 passenger-to-freighter fleet to 14 aircraft. Moreover, the lessor is on pace to launch the A330-300 P2F freighter type in China in 2022, with lease commitments from Sichuan Airlines and Jiangxi Cargo Airlines. read more

FEB 16, 2022 - 6:43 am

Ryan Barrett, a former executive at GE Capital Aviation Services, joined CDB Aviation’s commercial team as head of commercial in the Asia-Pacific region. read more

FEB 15, 2022 - 6:15 am

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, hired Michelle Wu as head of commercial in Greater China. Wu has more than three decades of experience in aviation finance and aircraft leasing and joined CDB Aviation from GECAS. read more

JAN 14, 2022 - 5:50 am

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, delivered a fleet of 15 new Boeing aircraft to U.S.-based United Airlines. The sale and leaseback transaction covered a fleet of two 787-9 Dreamliners and 13 737 MAX 8 aircraft. read more

JAN 7, 2022 - 5:34 am

CDB Aviation entered into a facility agreement for the secured portfolio of 13 Airbus and Boeing aircraft valued at approximately $660 million. The transaction brings the lessor’s executed year-to-date financings to a total of $2.53 billion. read more

AUG 5, 2021 - 6:52 am

CDB Aviation reached an agreement with Mexico-based MasAir Cargo Airline for the lease of two Airbus A330-300 passenger-to-freighter (P2F) aircraft, marking the lessor’s first-ever lease transaction with an airline operator for the aircraft type. read more

MAY 24, 2021 - 6:38 am

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, reported that 2020 marked a period of robust business activity for the company despite a difficult market for the aircraft leasing industry. read more

MAR 31, 2021 - 6:30 am

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, completed a new sale and leaseback transaction for a fleet of four Airbus aircraft with SAS. SAS is Scandinavia’s flagship airline and an existing customer of CDB Aviation. read more

MAR 29, 2021 - 6:42 am