All timeline stories.

CDB Aviation received the Airline Economics Sustainable Finance Deal of the Year award for its $625 million Sustainability-Linked Term Loan completed in December 2023

In 2023, CDB Aviation remained laser-focused on diversifying our financing sources and broadening our relationships with banking and capital market providers. This groundbreaking facility was only possible because of the strong support from everyone involved, building on our platform’s robust ability to engage global financial institutions, the strong competencies and efforts of our entire team, and the unwavering support of our shareholder.…

CDB Aviation entered into its inaugural Sustainability Linked Loan, anchored with a $625 million syndicated term loan facility.

CDB Aviation entered into its inaugural Sustainability Linked Loan, anchored with a $625 million syndicated term loan facility.

“This innovative facility marks a landmark transaction for the aviation finance space,” underscored Jie Chen, Chief Executive Officer. “We’re thrilled to have leveraged our comprehensive sustainability strategy, with a particular focus on the activities across the Environmental and Social aspects of our operations, to secure this first major sustainability-linked loan syndicated facility among aircraft lessors.”…

CDB Aviation received the 2023 Asia-Pacific Bank Financing Deal of the Year award from Airline Economics

CDB Aviation received the 2023 Asia-Pacific Bank Financing Deal of the Year award from Airline Economics for its $650 million Secured Portfolio Financing facility completed in November 2022.

“We continue to successfully address CDB Aviation’s capital needs through diversifying our financing sources and by broadening and deepening our relationships with banking and capital markets providers,” stated Brendan O’ Neill, Chief Financial Officer. “Our ability to engage global financial institutions is a direct reflection on the strong competencies and efforts of our Finance team and the support of our shareholder, CDB Leasing.”…

CDB Aviation received a capital injection of RMB900,000,000 ($123 million) from its shareholder, CDB Leasing

CDB Aviation has received a capital injection of RMB900,000,000 ($123 million) from its shareholder, CDB Leasing. CDB Leasing noted in an official filing to the Hong Kong stock exchange that “the capital injection is in line with the business positioning and strategic development planning of the Group, which will help CDB Aviation consolidate its foundation for development, effectively offset risks, enhance its market competitive- ness and achieve sustainable development.”…

CDB Aviation received its inaugural ESG Risk Rating from Morningstar Sustainalytics: “Low ESG Risk”

CDB Aviation received its inaugural ESG Risk Rating from Morningstar Sustainalytics: “Low ESG Risk,” with a strong score of 15.6, in top 6th % in its industry and subindustry – one of the lowest scores among aircraft lessors.

“CDB Aviation is delighted to have received our first ESG Risk Rating from Sustainalytics. This Low ESG Risk rating underpins the excellent progress being made by the business across a broad range of sustainability initiatives. We are committed to evolving the sustainability of our business, facilitating positive change across our industry, and building a better future together,” commented Jie Chen, CDB Aviation Chief Executive Officer.…

CDB Aviation released its inaugural sustainability report, entitled: “Rising to the Challenge”

CDB Aviation released its inaugural sustainability report, entitled: “Rising to the Challenge.”

“CDB Aviation’s inaugural sustainability report marks an important milestone on our business’ sustainability journey,” explained Jie Chen, Chief Executive Officer. “Our team continues to evolve our business, with an unwavering commitment to facilitating positive change across the industry and creating a better future together. As part of this commitment, we are proud to be launching our sustainability strategy.”…

Jie Chen appointed as new Chief Executive Officer

CDB Aviation announced that the Board of Directors selected Jie Chen to become the company’s new Chief Executive Officer.

“I am honored to be given the opportunity to lead CDB Aviation and its remarkable team in advancing the company’s long-term vision, building on a strong track record of business performance and market success, while leveraging the unique capabilities and resources of our shareholder. With the industry’s rapidly evolving requirements, especially in the area of sustainability, our path forward will focus on delivering innovativeness and stewardship that meet the changing needs of the global airline sector and generate industry-leading shareholder value.”…

CDB Aviation takes delivery of its first A330 P2F freighter

CDB Aviation took delivery of the first freighter aircraft in the lessor’s history, an A330-300 passenger-to-freighter (“A330 P2F”). The aircraft was converted by Elbe Flugzeugwerke GmbH (“EFW”) and is the first of two A330 P2Fs leased to the lessor’s launch customer, Mexico-based cargo carrier, mas.

“This is an important and historic day for CDB Aviation as we see the fruit of two years of intense work and collaboration, culminating in the delivery of our very first A330 P2F since we made the strategic entry into freighter aircraft leasing,” asserted Patrick Hannigan, CDB Aviation’s Chief Executive Officer. “We are grateful to the mas team for trusting CDB Aviation to be a partner in supporting their innovative fleet strategy and for being our very first A330P2F customer.”…

United conducts the first-ever passenger flight with 100% sustainable aviation fuel using CDB Aviation’s 737 MAX

The flight UA2701, conducted with one of the carrier’s Boeing 737MAX aircraft on lease from CDB Aviation, operated one engine on 100% SAF with the other running on conventional jet fuel to prove there are no operational differences between the two — and to set the stage for the future of aviation with more scalable uses of SAF.
“This flight is historic and will serve as a turning point in the industry’s continuing efforts to reduce airliners’ environmental footprint and advance technological innovations to combat climate change,” commented Peter Goodman, CDB Aviation’s Chief Marketing Officer.
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CDB Aviation reports strong activity in 2020

CDB Aviation reports strong activity in 2020 amid headwinds

The year 2020 marked a period of robust business activity for CDB Aviation despite the toughest market the aircraft leasing industry has ever experienced.

“The pandemic-battered environment has inflicted an array of unexpected and unparalleled challenges upon all stakeholders across the global air transport sector, generating significant near-term headwinds,” reflected CDB Aviation Chief Executive Officer Patrick Hannigan. “In the face of these adverse conditions, our team has persisted to attain continued growth and advance key initiatives, progressing several aspects of our long-term vision.”…