Very Substantial Acquisition Purchase of Boeing Aircraft
Hong Kong Stock Exchange – September 18, 2024 – The board of directors (the “Board”) of China Development Bank Financial Leasing Co., Ltd. (the “Company”) is pleased to announce that in line with the Company’s strategies and in order to optimize the fleet structure and increase the proportion of next-generation aircraft with advanced technologies, high fuel efficiency and wide market penetration, on 18 September 2024, the Company and its wholly-owned subsidiary CDB Aviation Lease Finance DAC (“CDBALF”) entered into aircraft purchase agreements with The Boeing Company (the “Seller”) for the purchase of fifty (50) 737 MAX-8 aircraft (the “Transaction”).
The Company and CDBALF expect to take delivery of the aircraft under the Transaction between 2028 and 2031.
Read the announcement on Hong Kong Stock Exchange