CDB Aviation Delivers First of Two 737-800 Aircraft to New North American Customer Sun Country

MINNEAPOLIS – December 20, 2021 – CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), today delivered the first of two Boeing 737-800 aircraft to Sun Country, a Minnesota-based, hybrid low-cost airline.

“We’re delighted to have partnered with our colleagues at Sun Country on executing this transaction for two Boeing aircraft from our portfolio, which will facilitate the further build-out of the carrier’s highly-adaptable network structure,” said Luís da Silva, CDB Aviation’s Head of Commercial, Americas.

The aircraft are configured with 183 seats in a single economy-class layout and will be operated on seasonal, point-to-point routes. The second aircraft’s delivery is anticipated in early 2022.

“We are excited to commence a new and valued partnership with CDB Aviation. These two aircraft are key to meeting our near-term growth plans and reflect Sun Country's exceptional ability to grow its fleet with strategic partners throughout the world,” said Thomas Frey, Sun Country’s Director of Fleet and Fuel.

Peter Goodman, CDB Aviation’s Chief Marketing Officer, commented: “Sun Country’s unique model and distinct network proved exceptionally advantageous in navigating the pandemic’s headwinds and better positioning the carrier for air travel’s recovery. Our commercial team worked swiftly to provide the airline, which operates in a key focus market for our platform, with immediate access to additional aircraft capacity, supporting their network expansion.”