CDB Aviation closes sale and leaseback agreement for one A350-900 with Air France

Dec 02, 2024about 1 year ago

Contract Type

agreement

DublinBankingLendingFinanceFinancial Services

Description

CDB Aviation, a subsidiary of China Development Bank Financial Leasing, closed a sale and leaseback transaction for one Airbus A350-900 aircraft with Air France. The innovative transaction marks the first lease agreement underpinned by sustainability-linked KPIs, enabling Air France to renew its fleet with modern and fuel-efficient aircraft.

Company Information

Company

CDB Aviation

Location

Dublin, California, United States

About

Full-service aircraft leasing platform with global footprint CDB Aviation delivers innovative aircraft fleet financing solutions to meet the ever-changing needs of airlines in all key markets of the world, offering them a competitive cost of funding and an unrivalled customer-oriented, full-service approach that is focused on execution and rooted in the culture of competency. Because we are a customer-centric and relationship-driven organization, we understand an aircraft lease is not simply a single transaction of an airplane lease, rather an engagement and understanding, which recognize that airlines’ fleet needs are specific and constantly evolving. A uniquely positioned lessor with financial strength With the strength and robust capabilities of our global platform, our organization is ranked among top-tier, industry-leading global leasing companies. We are best positioned among Chinese lessors, offering competitive and diversified financing anchored in guaranteed availability of capital. We are wholly-owned by China Development Bank Financial Leasing Co. Ltd, a 30-plus-year-old leasing company listed on the Hong Kong Stock Exchange (HKEX stock code: 1606). Our parent company is the dedicated leasing arm of China Development Bank and enjoys the Chinese sovereign credit rating (A1 / A / A+), one of the highest international credit ratings among Chinese financial institutions and the highest rating among all aviation lessors. Execution-driven culture of competency We are powered by the industry’s next generation of aviation finance leaders, who are committed to doing business the ‘old-fashioned way,’ focusing on a long-term view of market participation, as well as building and cultivating strong relationships with aircraft manufacturers, airlines, and banking partners. The depth of the CDB Aviation team is anchored in seasoned leadership with bench strength and the continued build-out of a best-in-class team at all levels

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