Aircraft to Support Greek National Carrier’s Continuing Fleet Renewal

DUBLIN – September 6, 2023 – CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the execution of a lease agreement with the flag carrier of Greece, Aegean Airlines (“AEGEAN”), for one Airbus A321-271NX from the lessor’s orderbook.

The Athens-based carrier is expected to take delivery of the aircraft in spring 2025 as it continues to expand in the European region by renewing its fleet and operating to new destinations, targeting to meet the robust passenger traffic levels to and from the country that are well ahead of 2019 levels.

“We’re very pleased to have established our latest customer relationship with the largest Greek airline and a leading regional carrier in Europe,” stated Jie Chen, CDB Aviation’s Chief Executive Officer. “This advanced, latest generation A321neo will be another well-suited member of AEGEAN’s growing fleet, providing the level of efficiency and comfort that is aligned with the carrier’s ongoing efforts to continuously improve its services and innovate to meet the evolving needs of its passengers.”

“Our partnership with CDB Aviation will help us achieve our fleet development and growth plan for the coming years,” commented Dimitris Gerogiannis, Chief Executive Officer of AEGEAN. “The latest generation A321neo provides our customers with the enhanced experienc