Wed, Mar 15, 2017
Order Valued At Over $3 Billion At List Prices
Boeing and CDB Aviation Lease Finance (CDB Aviation) have announced an order for 30 737 MAX 8 airplanes. The order, valued at $3.3 billion at current list prices, was previously unidentified on Boeing's Orders & Deliveries website.
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 and Chief Executive Officer of 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 Co LTD. With registered capital of $50 million and a fleet of over 200 aircraft, CDB Aviation has over 10 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 Northeast 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."
(Image provided with Boeing media release)
More News
Have A Story That NEEDS To Be Featured On Aero-News? Here’s How To Submit A Story To Our Team Some of the greatest new stories ANN has ever covered have been submitted by our>[...]
“The legislation now includes a task force with industry representation ensuring that we have a seat at the table and our voice will be heard as conversations about the futur>[...]
Aero Linx: Waco Museum The WACO Historical Society, in addition to preserving aviation's past, is also dedicated and actively works to nurture aviation's future through its Learnin>[...]
Adcock Range National low-frequency radio navigation system (c.1930-c.1950) replaced by an omnirange (VOR) system. It consisted of four segmented quadrants broadcasting Morse Code >[...]
Also: uAvionix AV-Link, Does Simming Make Better Pilots?, World Games, AMA National Fun Fly Czech sportplane manufacturer Direct Fly has finished delivering its 200th ALTO NG, the >[...]