TOULOUSE – December 21, 2017 – CDB Aviation Lease Finance DAC (“CDB Aviation”), a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of a new Airbus A320neo aircraft to Malaysia-based low-cost carrier AirAsia Berhad, as part of a purchase and leaseback transaction for three aircraft.
The A320neo aircraft, powered by CFM LEAP-1A engines, seat 186 passengers and are equipped with the innovative Space-Flex cabin. The aircraft will serve AirAsia Berhad’s extensive network out of Kuala Lumpur, Malaysia.
“We are delighted to execute a transaction with our newest customer, AirAsia Berhad, for a fleet of three A320neo aircraft, which will support the carrier’s growth and fleet expansion,” said CDB Aviation President and Chief Executive Officer Peter Chang. “The A320neo aircraft constitute a significant part of our forward order book, as we recently doubled our overall order position for the aircraft family. CDB Aviation is now well positioned to serve our airline customers, like AirAsia Berhad, in key markets around the world, to meet their fleet requirements for the latest technology, fuel-efficient narrowbody aircraft.”
CDB Aviation’s order book comprises a total of 90 A320neo Family aircraft, including 32 A321neo and 58 A320neo aircraft.