CDB Aviation Completes Deliveries of Seven 737 MAX Aircraft to Brazil’s GOL

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the delivery of the last of seven Boeing 737 MAX 8 aircraft to GOL Linhas Aéreas Inteligentes S.A. (“GOL”; NYSE: GOL and B3: GOLL4), Brazil’s largest domestic airline.

The aircraft, configured with a 186-seat layout, incorporating both GOL+Conforto and GOL Premium class seats, were delivered from the lessor’s orderbook with Boeing as part of the lease agreements originally signed with the carrier in 2020.

“Our teams worked side-by-side to execute leases and deliver all these aircraft in very adverse conditions throughout the pandemic. GOL is a great customer that has all our trust,” pointed out Luís da Silva, CDB Aviation’s Head of Commercial, Americas. “The 737 MAX is expected to transform GOL’s fleet, providing significant efficiency gains, while supporting deeper penetration into existing markets and new opportunities for expansion.”

"The delivery of this last aircraft in a package of seven 737 MAX 8s from CDB Aviation marks a milestone in GOL history, our MAX fleet reaching twenty-four aircraft with this delivery. This accelerated fleet transformation plan ensures we can serve our customers better, with more comfort and environmental responsibility,” said Celso Ferrer, GOL’s COO. “The MAX being a key component in the company’s goal to reach carbon neutrality by 2050, as this aircraft consumes 15% less fuel, produces 16% fewer carbon emissions, and 40% less noise, and has a greater flight range than the next generation aircraft.”

“GOL has been at the forefront of the industry, making investments during the pandemic in the modernization of their fleet and accelerating expansion plans in anticipation of the strong recovery of air travel in the post-pandemic environment,” contended Peter Goodman, CDB Aviation’s Chief Marketing Officer. “Our commercial team remains steadfast in finding ways to support customers’ unique needs, enabling them to remain competitive and tap into growth opportunities.”