CDB Aviation Completes Deliveries of Ten A320-200 Aircraft to Indonesia’s New Airline Super Air Jet

JAKARTA, Indonesia – September 11, 2022 – CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of the last of ten Airbus A320-200 aircraft to Indonesia’s newest low-cost airline, Super Air Jet (“SAJ”).

The aircraft were delivered to the carrier over a period of 18 months and are meant to support the development of Super Air Jet as a leading airline supporting the growth of domestic traffic in fast growing Indonesia as the region’s market continues to recover from the pandemic.

“We are pleased to have been part of the launch of Super Air Jet as they eye further growth in their share of Indonesia’s domestic market, expanding their low-fare route network and connecting all key regions of the country,” noted CDB Aviation Head of Commercial, Asia Pacific Ryan Barrett.

Peter Goodman, CDB Aviation’s Chief Marketing Officer, emphasized that the deepening of our relationship with SAJ further advances our support for their ambitious roadmap development.

“SAJ’s growth prospects in Indonesia are very promising. Our team’s prerogative was to provide the most attractive financing terms and the right scale of leased aircraft to aptly support SAJ’s growth trajectory and low-unit cost operating model for the foreseeable future,” added Goodman.