CDB Aviation is an innovative aircraft fleet financing solutions provider, an Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. The company recently announced the lessor delivered two Boeing 737-800 aircraft to Neos S.p.A. as a new customer based in Milan.
Neos, which provides services from Italy and Europe to the Americas, Asia, and Africa, intends to deploy the two single-class-equipped aircraft on intra-European and intercontinental routes. It flies Boeing 737 Next Generation, 737 MAX, and Boeing 787 aircraft to over 73 domestic, European, and international destinations. The airline's primary hub is located at Milan Malpensa Airport.
The aircraft portfolio of CDB Aviation includes advanced and fuel-efficient aircraft, such as the Boeing 737 MAX and 787 Dreamliner, and the Airbus A320neo family, A350, and A330neo aircraft. As a resource for aircraft and financing, CDB Aviation mitigates the effects of global economic cycles, volatile fuel costs, and aircraft shortages and surpluses.
Peter Goodman, CDB Aviation's Chief Commercial Officer, stated, "With the accelerating pace of air passenger traffic's recovery, Neos has the potential to seize on the nascent rebound in air travel and regional tourism." He also commented, "We are very pleased to have collaborated with the Neos team on this transaction as part of the airline's ongoing fleet upgrade initiative. We look forward to building on our relationship and supporting their ambitious growth trajectory in the future."
(Source: Cision PR Newswire)
About CDB Aviation
A Dublin 2, Dublin-based innovative aircraft fleet financing solutions provider, CDB Aviation was founded in 2006 and is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. and is supported mainly by the China Development Bank. It is rated Investment Grade by Moody's (A2), S&P Global (A), and Fitch (A+). The organization is ranked among the top-tier, industry-leading global leasing companies due to its global platform's strength and robust capabilities. CDB Aviation is positioned among Chinese lessors by providing competitive and diversified financing based on guaranteed capital availability.