The E190 was ceremonially greeted upon arrival at Yangon, and is part of a fleet of three E190s leased to the carrier.
The extension of the sale and leaseback deal with the carrier demonstrates the lessor’s ability to expediently meet the airlines’ changing needs with rapid execution.
The appointment further bolsters the company’s Dublin-based executive team in a continued drive to advance the strategic vision focused on sustainable business growth.
The lessor expects to take delivery of two 787-9 and ten 737 MAX 8 aircraft under the purchase and leaseback agreement with United Airlines between 2020 and 2021.
The sale-and-leaseback transaction underscores the carrier’s focus on stimulating new markets and both companies’ ongoing efforts to aid air travel’s recovery.
This Hong Kong-based role will be responsible for negotiating and documenting contracts relating to aircraft leasing, trading, and financing in the Asia Pacific region.
The sale-and-leaseback transaction highlights CDB Aviation’s targeted commercial campaigns in key aviation markets around the world.
Brendan O’Neill will oversee financial aspects of company operations and support the management’s ongoing efforts to enhance the lessor’s market position and shareholder value.
The transaction covers three A320neos and one A350 with near-term deliveries, reinforcing the lessor’s focus on pursuing emerging opportunities.
The credit agencies’ rating reaffirmation acknowledges the continued strength of the lessor’s operating platform backed by the strong support from its shareholder, the industry-leading team, and its commitment to long-term growth.