CDB Aviation has completed a mandate to sell eight A330-200 aircraft.
“We are pleased to complete this mandate for our shareholder. This one-of-a-kind transaction demonstrates CDB Aviation’s customer-oriented, full-service approach, not only for airlines but also for asset owners,” said Jie Chen, CDB Aviation’s chief executive officer.
CDB Aviation acted as Servicer to China Development Bank in the transactions.
The wholly owned Irish subsidiary of the China Development Bank currently has a fleet of 296 planes with 30 of these being A330 family aircraft.