The E190s will operate on the carrier’s routes to tourist attractions in the southwestern region of Vietnam.
The purchase and leaseback agreement signifies the addition of the lessor’s first airline customer in Canada.
The A330 P2F freighter offers 23% more cargo volume than older freighter aircraft types and will be available for lease to airline customers in early 2022.
CDB Aviation Issues $500 Million of Senior Unsecured Notes Under $3 Billion Medium Term Note Program
The notes rated A1 by Moody’s and A+ by Fitch achieved the lowest-ever coupon for a fixed-rate bond priced in U.S. dollars brought to market by a China-based lessor.
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.
The sale-and-leaseback transaction highlights CDB Aviation’s targeted commercial campaigns in key aviation markets around the world.