DUBLIN – April 10, 2018 – CDB Aviation Lease Finance DAC (“CDB Aviation”), a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), today announced the company entered into a purchase and leaseback agreement with Portugal’s flag carrier Transportes Aéreos Portugueses, S.A. (“TAP”) for two Airbus A330-900neo aircraft.

Both aircraft are currently scheduled to be delivered to the airline in the second quarter of 2019.