Thu, Nov 16, 2017
Leasing Company Calls Order A 'Sound Financial Investment'
Dublin-based CDB Aviation Lease Finance DAC has placed a firm order for 90 A320neo Family aircraft during the Dubai Airshow 2017. The agreement was reached in two steps: an original purchase agreement signed in 2014 for 45 A320neo Family aircraft, which remained undisclosed to date, and the firming up of the Memorandum of Understanding (MoU) announced at the 2017 Le Bourget Paris Airshow in June 2017 for an additional 30 A320neo and 15 A321neo aircraft.
“By confirming today’s order for 90 A320neos, we have doubled our overall order position for the aircraft family. CDB Aviation is now well positioned with a leading order book for the latest technology narrowbody aircraft to realize our aggressive fleet growth plan and further strengthen our ability to serve airline customers around the world with narrowbody fleet requirements,” said CDB Aviation President and Chief Executive Officer Peter Chang. “Our business model is grounded in our unmatched access to competitive funding, our industry-leading global team, and the large order book associated with strong strategic OEM partnerships.”
“It is a pleasure to see CDB Aviation firming up another commitment for Airbus products and we are looking forward to strengthen our relationship with such fast growing player in the industry. The order from CDB Aviation is another true endorsement from the lessor community for the A320neo Family,” said Airbus Commercial Aircraft Chief Operating Officer- Customers, John Leahy. “This latest order demonstrates its continued confidence in our product for its airline customers and recognizes the A320neo as a sound financial asset in its portfolio.”
The A320neo Family incorporates the very latest technologies including new generation engines and Sharklets, which together deliver at least 15 percent fuel savings at delivery and 20 percent by 2020. With more than 5200 orders received from 95 customers since its launch in 2010, the A320neo Family has captured some 60 percent share of the market.
(Image provided with Airbus news release)
More News
“Honored to accept this mission. Time to take over space. Let’s launch.” Source: SecTrans Sean Duffy commenting after President Donald Trump appointed U.S. Secret>[...]
Permanent Echo Radar signals reflected from fixed objects on the earth's surface; e.g., buildings, towers, terrain. Permanent echoes are distinguished from “ground clutter&rd>[...]
Aero Linx: European Hang Gliding and Paragliding Union (EHPU) The general aim of the EHPU is to promote and protect hang gliding and paragliding in Europe. In order to achieve this>[...]
Glider Encountered A Loss Of Lift And There Was Not Sufficient Altitude To Reach The Airport Analysis: The flight instructor reported that while turning final, the glider encounter>[...]
Airplane Climbed To 100 Ft Above Ground Level, At Which Time The Airplane Experienced A Total Loss Of Engine Power On May 24, 2025, at 1300 eastern daylight time, an Aeronca 7AC, N>[...]
Aero-News: Quote of the Day (07.11.25)
See All