All timeline stories.

CDB Aviation receives Investment Grade ratings from Moody’s, S&P Global, and Fitch

Moody’s Investors Service assigned its ‘A1’ local currency and foreign currency issuer ratings with outlook stable. S&P Global Ratings assigned its ‘A’ long-term issuer credit rating with outlook stable. Fitch Ratings assigned its long-term Issuer Default Rating (IDR) of ‘A+’ with outlook stable. This important milestone was reached on schedule, as part of the company’s strategic effort to transform its aircraft leasing platform into a global, best-in-class, full-service lessor.

CDB Aviation reports record activity and growth in 2018

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 concludes a major transaction with Airbus for eight A330-300s

“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.

125th Airbus aircraft joins the CDB Aviation fleet

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.

Opening of CDB Aviation’s new Dublin headquarters

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.

Asia-Pacific CEO of the Year

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.