CDB Aviation Adds Airline Customer in Malta

DUBLIN – July 25, 2022 – CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of one Boeing 737-800 to Corendon Airlines Europe (“Corendon”), a Corendon Airlines charter subsidiary based in Malta.

“We are very pleased that the Corendon team have put their faith in CDB Aviation to secure the lease of this 737-800 aircraft, which will provide additional capacity throughout Corendon’s network in anticipation of the ramp-up in passenger travel during this summer season,” stated Paul Boyle, CDB Aviation’s Head of Europe, the Middle East & Africa.

Ridvan Helvaci, Technical & Lease Affairs Director of Corendon Airlines, said: “This was the very first aircraft lease cooperation made between Corendon Airlines and CDB Aviation. Working with them for the whole transaction and the delivery has been a pleasure for us and we are looking forward to enhancing our cooperation in the future.”

“Our collaboration with Corendon is of particular significance as Europe’s leisure demand is rapidly accelerating its post-pandemic recovery," underscored Peter Goodman, CDB Aviation’s Chief Commercial Officer. “We look forward to supporting the Corendon team’s efforts to expand their route network within Europe, connecting the major European cities with the best holiday destinations.”