CDB Aviation purchases four Airbus aircraft from Avolon

CDB Aviation, a wholly owned subsidiary of China Development Bank Financial Leasing, has closed the purchase of four aircraft from Avolon. The purchased assets comprise of one A330-900, two A321neo, and one A320ceo aircraft, and contain both fixed and floating rate leases with CDB Aviation’s existing and new airline customers. “We are very pleased to have partnered with the Avolon team to carry out the acquisition of these predominantly new-gen assets on lease to some of our existing and new lessees, which allow us to further grow our strong customer base and build our modern fleet,” said CDB Aviation CEO