CDB Aviation received the ‘Aircraft Portfolio Deal of the Year – Asia’ award from Global Transport Finance. Jeanette Delehanty, CDB Aviation’s Senior Vice President, Legal, accepted the award on behalf of our company at the GTF Awards gala held on January 31 in London. Jeanette pictured on stage alongside representatives from the MLA banks and lender’s counsel.
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CDB Aviation reported a record year for 2018, in which the company executed transactions involving 107 aircraft, rapidly accelerating business to support the continued growth of its industry-leading leasing platform. “We’re extremely proud to report that 2018 was another benchmark year for CDB Aviation, setting an all-time record for activity across the many facets of our fast-evolving business,” said CDB Aviation Chief Executive Officer Peter Chang. “This past year’s growth is evidence of the strength and scale of our platform, as well as demonstrates our unwavering commitment to execution, through a combination of following our business model, opportunities with the manufacturers – a relationship we prize very highly, and strong relationships with the airlines.”
CDB Aviation promoted Patrick C. Hannigan to the role of President, as part of the continued strategy to further strengthen executive management for the next phase of development. Patrick has served as the company’s Chief Commercial Officer since January 2017.
“CDB Aviation is pleased to confirm that we have concluded a scaled transaction with Airbus,” said CDB Aviation President and Chief Executive Officer, Peter Chang. “We are committed to being responsive with our customers and supportive of their platform’s needs. This is consistent with our business philosophy that is based on cultivating long-term relationships and collaboration. CDB Aviation values our relationship with HNA Group.” The widebody aircraft were part of a sale-and-leaseback agreement with Hainan Airlines and Lucky Air.
CDB Aviation took delivery of its 100th Airbus A320 Family aircraft in November 2018. The A320neo aircraft, which will be operated by India’s low-cost carrier GoAir is part of a purchase and leaseback agreement signed with the carrier earlier in 2018. The delivery marks the overall 125th Airbus aircraft to join the lessor’s fleet.
Industry partners, airline customers, and representatives of OEMs joined the CDB Aviation team on October 11 at their new home on George’s Quay to celebrate the grand opening of the lessor’s new Dublin headquarters. Peter Chang, President & CEO, expressed his appreciation for the support from both the employee team and industry.
During the Aviation 100 awards gala held at the 2018 Aviation News Growth Frontiers Asia-Pacific conference in Hong Kong, Peter Chang, CDB Aviation CEO & President, was honored with the award of Asia-Pacific CEO of the Year.
CDB Aviation partners with Airfinance Journal and UCD Dublin to create a scholarship in an endeavor to educate the next generation of aviation finance leaders
Designed to nurture the next generation of aviation finance talent, the scholarship will be awarded to a female student in the MSc Aviation Finance program at University College Dublin UCD Michael Smurfit Graduate Business School.