CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, executed a total of 70 aircraft transactions in 2024.
The lessor executed 36 transactions for 70 new and used aircraft, covering leases and extensions, sale and leaseback deals, aircraft acquisitions and sales. The company placed new OEM orders for 130 narrowbody aircraft in the year and added nine new airline customers, as well as raised $8.28bn in financing transactions.
“We ended this past year with strong momentum, buttressed with robust commercial activity reinforcing our strong position in the market and significant milestones achieved in building operational efficiency and managing costs,” commented CDB Aviation CEO Jie Chen. “These efforts are the cornerstone of our path to sustainable profitability and being a global leasing platform built on strong customer-centric relationships and shareholder support.”
CDB Aviation has 70 non-binding entitlements with COMAC, consisting of 20 C909 aircraft and 50 C919 aircraft.