CBD Aviation signs $3.3bn deal with Boeing for 30 737 MAX 8 planes

CBD Aviation signs $3.3bn deal with Boeing for 30 737 MAX 8 planes

Boeing and CDB Aviation have announced an order for 30 737 MAX 8 airplanes, valued at $3.3 billion at current list prices.

Both sides agreed to take this opportunity to broaden communication and strengthen cooperation in various fields, bringing the partnership to a new level. 

“Our commitment to our customers is to provide them with the most efficient and reliable products,” said Peter Chang, president, CDB Aviation.

“The 30 Boeing 737 MAXs in our portfolio provide the competitive advantages of fuel efficiency, reliability and passenger experience they are looking for in the single-aisle airplane.”

Based in Dublin, Ireland, CDB Aviation operates as a wholly owned Irish subsidiary of China Development Bank Financial Leasing.

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With registered capital of $US50 million and a fleet of over 200 aircraft, CDB Aviation has over ten years’ experience in the business and is one of the largest and most influential Chinese-owned aviation leasing companies.

“We are very pleased to expand our partnership with CDB Aviation with this announcement,” said Rick Anderson, vice president of north-east Asia sales, Boeing Commercial Airplanes.

“As we work together with the new management team at CDB Aviation to address the opportunities presented in a rapidly growing market for commercial airplanes, we look forward to strengthening and growing our partnership in the very near future.”

The 737 MAX family has been designed to offer customers exceptional performance, flexibility and efficiency, with lower per-seat costs and an extended range that will open up new destinations in the single-aisle market.