CDB Aviation Begins 737 MAX 8 Deliveries to Turkish Airlines
Lessor Delivered Two of Twelve MAX Aircraft that Will Be Operated by Carrier’s Subsidiary Ajet
SEATTLE – August 14, 2025 – CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of the first two of a series of twelve Boeing 737 MAX 8 aircraft to its existing customer Turkish Airlines (“Turkish”), the flag carrier of Türkiye.
The CFM International Leap-1B engine-powered MAX aircraft were delivered from the lessor’s existing orderbook with Boeing. The delivery represents the first two of twelve 737 MAX 8s that are expected to join the carrier’s wholly owned subsidiary, AJet, between 2025 and 2026, as part of the transaction executed between the lessor and Turkish Airlines in 2023.
“We are very pleased to further advance the ongoing strong collaboration with our valued customer, Turkish Airlines,” commented Jie Chen, CDB Aviation’s Chief Executive Officer. “This significant stream of MAX 8 deliveries will contribute toward the airline’s stated goal for Ajet to become an important part of the low-cost aviation industry on a global scale.”
Forward-Looking Statements
This press release contains certain forward-looking statements, beliefs or opinions, including with respect to CDB Aviation’s business, financial condition, results of operations or plans. CDB Aviation cautions readers that no forward-looking statement is a guarantee of future performance and that actual results or other financial condition or performance measures could differ materially from those contained in the forward-looking statements. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements sometimes use words such as ”may,” “will,” “seek,” “continue,” “aim,” “anticipate,” “target,” “projected,” “expect,” “estimate,” “intend,” “plan,” “goal,” “believe,” “achieve” or other terminology or words of similar meaning. These statements are based on the current beliefs and expectations of CDB Aviation’s management and are subject to significant risks and uncertainties. Actual results and outcomes may differ materially from those expressed in the forward-looking statements. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.
About Turkish Airlines
Established in 1933 with a fleet of five aircraft, Star Alliance member Turkish Airlines has a fleet of 495 (passenger and cargo) aircraft flying to 353 worldwide destinations as 300 international and 53 domestics in 131 countries. More information about Turkish Airlines can be found on its official website www.turkishairlines.com or its social media accounts on Facebook, X, YouTube, LinkedIn and Instagram.
About CDB Aviation
CDB Aviation is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”) a 40-year-old Chinese leasing company that is backed mainly by the China Development Bank. CDB Aviation is rated Investment Grade by Moody’s (A2), S&P Global (A), and Fitch (A+). China Development Bank is under the direct jurisdiction of the State Council of China and is one of the world’s largest development finance institutions. It is also the largest Chinese bank for foreign investment and financing cooperation, long-term lending and bond issuance, enjoying Chinese sovereign credit rating.
CDB Leasing is the only leasing arm of the China Development Bank and a leading company in China’s leasing industry that has been engaged in aircraft, infrastructure, ship, commercial vehicle and construction machinery leasing and enjoys a Chinese sovereign credit rating. It took an important step in July 2016 to globalize and marketize its business – listing on the Hong Kong Stock Exchange (HKEX STOCK CODE: 1606). www.CDBAviation.aero
Media contact:
Paul Thibeau
Paul.Thibeau@CDBAviation.aero
+1 612 594 9844
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