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.
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.
Paul Boyle will drive commercial activity and outreach by engaging with airlines, aircraft manufacturers, and other industry participants to cement the lessor’s strategic aircraft placement plan and path to growth in the region.
Jorge Garcia and Alan Mangels will support ongoing outreach efforts to airlines and reinforce the lessor’s presence in the Americas.
The Embraer aircraft will support the carrier’s debut on flights within the Myanmar domestic market and some key international routes.
The company strengthens leadership to solidify its presence in Asia Pacific, boosting full-service support for the world’s fastest growing aviation market.