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ABOUT US

Full-service aircraft leasing platform with global footprint

CDB Aviation delivers innovative aircraft fleet financing solutions to meet the ever-changing needs of airlines in all key markets of the world, offering them a competitive cost of funding and an unrivalled customer-oriented, full-service approach that is focused on execution and rooted in the culture of competency.

Because we are a customer-centric and relationship-driven organization, we understand an aircraft lease is not simply a single transaction of an airplane lease, rather an engagement and understanding, which recognize that airlines’ fleet needs are specific and constantly evolving.

A uniquely positioned lessor with financial strength 

With the strength and robust capabilities of our global platform, our organization is ranked among top-tier, industry-leading global leasing companies. We are best positioned among Chinese lessors, offering competitive and diversified financing anchored in guaranteed availability of capital.

In April 2019, CDB Aviation Lease Finance Designated Activity Company (“CDB Aviation”) received strong investment grade issuer credit ratings from the major global credit rating agencies. 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 is a wholly-owned by China Development Bank Financial Leasing Co. Ltd, a 30-plus-year-old leasing company listed on the Hong Kong Stock Exchange (HKEX stock code: 1606). Our parent company is the dedicated leasing arm of China Development Bank and enjoys the Chinese quasi sovereign credit rating (A1 / A / A+), one of the highest international credit ratings among Chinese financial institutions and the highest rating among all aviation lessors.

Under the direct jurisdiction of the State Council of China, China Development Bank is the world’s largest development finance institution. China Development Bank is the largest Chinese bank for foreign investment and financing cooperation, long-term lending and bond issuance. China Development Bank is one of three Chinese policy banks.

Focus on expanding market reach

As a world-class lessor with Chinese heritage, we are the first Chinese domestic leasing company to truly ‘go global,’ with our current footprint based in Hong Kong, Dublin, and the USA. With innovative financing solutions and access to robust orderbook for the most advanced and efficient aircraft, we are well positioned to support airlines in the world’s fastest-growing air travel markets.

Execution-driven culture of competency

We are powered by the industry’s next generation of aviation finance leaders, who are committed to doing business the ‘old-fashioned way,’ focusing on a long-term view of market participation, as well as building and cultivating strong relationships with aircraft manufacturers, airlines, and banking partners. The depth of the CDB Aviation team is anchored in seasoned leadership with bench strength and the continued build-out of a best-in-class team at all levels.

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Built on a strong, secure and resourceful financial foundation, CDB Aviation meets the changing needs of the world’s airlines by delivering a full-service, global aircraft leasing platform.

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2019
CDB Aviation receives Investment Grade ratings from Moody’s, S&P Global, and Fitch

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.

2019
CDB Aviation awarded Aircraft Portfolio Deal of the Year – Asia by Global Transport Finance

CDB Aviation awarded Aircraft Portfolio Deal of the Year – Asia by Global Transport Finance

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.

2019
CDB Aviation reports record activity and growth in 2018

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.”  

2019
CDB Aviation appoints Patrick Hannigan as President

CDB Aviation appoints Patrick Hannigan as President

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.

2018
CDB Aviation concludes a major transaction with Airbus for eight A330-300s

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.

2018
125th Airbus aircraft joins the CDB Aviation fleet

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.

2018
Asia-Pacific CEO of the Year

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.

2018

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.

2018

CDB Aviation’s Dublin head office moves to 1GQ complex on George’s Quay to support the company’s rapid growth

Peter Chang, CDB Aviation President & CEO, noted, “We are very excited about our new workspace at one of Dublin’s newly modernized landmarks. Our company’s success depends on the effectiveness of our team, and this new office space is designed to provide an engaging work environment for our team members, while inspiring their collaboration, attracting new talent, and supporting our plans for future growth.”

2018

Airfinance Journal names CDB Aviation Chinese Lessor of the Year 2017 in its inaugural China Awards 2018

The CDB Aviation team accepting the Chinese Lessor of the Year 2017 award from Airfinance Journal during an awards dinner held in Shanghai, China, in conjunction with Airfinance Journal China 2018, represented by Peter Chang, CEO & President; Patrick Hannigan, Chief Commercial Officer; Julie Larrissy, Head of Risk; Chen Yu, Senior Vice President, Capital Markets; Hong Wu, Vice President, Trading; and Xipei Zhao, Assistant Vice President, Trading

2018
CDB Aviation honored as one of nine Chinese lessors in FlightGlobal’s Top 50 Lessors Awards

CDB Aviation honored as one of nine Chinese lessors in FlightGlobal’s Top 50 Lessors Awards

2018
CDB Aviation delivers the first Airbus A320neo powered by LEAP-1A engines from Airbus’ assembly line based in Tianjin, on lease to Loong Air

CDB Aviation delivers the first Airbus A320neo powered by LEAP-1A engines from Airbus’ assembly line based in Tianjin, on lease to Loong Air

2018
CDB Aviation delivers an A320neo to Air Seychelles, the first airline in the Western Indian Ocean to operate the aircraft type

CDB Aviation delivers an A320neo to Air Seychelles, the first airline in the Western Indian Ocean to operate the aircraft type

2018

CDB Aviation’s internationalization gains momentum; President & CEO Peter Chang is featured in ISTAT Aviation Insights, speaking about the future of the company

2018
CDB Aviation wins the Finance Dublin 2018 Deal of the Year award in the Financial Services – Aviation Finance category for its $492 million (€413.3 million) secured portfolio financing facility covering 14 Airbus and Boeing narrowbody aircraft

CDB Aviation wins the Finance Dublin 2018 Deal of the Year award in the Financial Services – Aviation Finance category for its $492 million (€413.3 million) secured portfolio financing facility covering 14 Airbus and Boeing narrowbody aircraft

2018
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

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.

2018
CDB Aviation reports the robust 2017 activity and growth, executing transactions for 162 aircraft, the lessor’s best performance to date

CDB Aviation reports the robust 2017 activity and growth, executing transactions for 162 aircraft, the lessor’s best performance to date

“Throughout this past year, the CDB Aviation team achieved several major milestones in our path to building a best-in-class global aircraft lessors,” said CDB Aviation President & CEO Peter Chang.

2017
CDB Aviation confirms the order for 90 Airbus A320neo Family aircraft

CDB Aviation confirms the order for 90 Airbus A320neo Family aircraft

2017
Boeing, CDB Aviation finalize the order for 52 737 MAXs and Eight 787s

Boeing, CDB Aviation finalize the order for 52 737 MAXs and Eight 787s

2017

CDB Aviation hosts a reception to celebrate the establishment of CDB Aviation office in Dublin; guests include Chinese Ambassador YUE Xiaoyong, People’s Republic of China to Ireland; Mr. FAN Lixin, Director-General, Marketing Development & Equity Investment, CDB Bank; Mr. WANG Xuedong, Chairman, CDB Leasing; Ms Eileen Sharpe, Global Head of Growth Markets, IDA, among others

2017
At the 2017 Paris Air Show, Peter Chang, CDB Aviation CEO & President, signs a Memorandum of Understanding with Airbus for 45 Airbus A320neo Family aircraft, doubling the company’s overall order position for the aircraft family

At the 2017 Paris Air Show, Peter Chang, CDB Aviation CEO & President, signs a Memorandum of Understanding with Airbus for 45 Airbus A320neo Family aircraft, doubling the company’s overall order position for the aircraft family

2017
At the 2017 Paris Air Show, Peter Chang, CDB Aviation CEO & President, signs a Memorandum of Understanding with Boeing for 52 737 MAXs and 8 787 Dreamliners

At the 2017 Paris Air Show, Peter Chang, CDB Aviation CEO & President, signs a Memorandum of Understanding with Boeing for 52 737 MAXs and 8 787 Dreamliners

2017
CDB Aviation expands its offices and facilities in Hong Kong

CDB Aviation expands its offices and facilities in Hong Kong

2017
Peter Chang, CDB Aviation CEO & President, signs an order for 30 737 MAX aircraft with Boeing Commercial Airplanes President and CEO Kevin McAllister, Global Sales & Marketing VP-commercial airplanes Ihssane Mounir, and Northeast Asia Sales VP Rick Anderson

Peter Chang, CDB Aviation CEO & President, signs an order for 30 737 MAX aircraft with Boeing Commercial Airplanes President and CEO Kevin McAllister, Global Sales & Marketing VP-commercial airplanes Ihssane Mounir, and Northeast Asia Sales VP Rick Anderson

2017
CDB Aviation appoints Peter Chang as President & Chief Executive Officer, entering the next phase of the company’s growth, building a world-class, industry-leading management team and expanding its focus beyond China with a goal of becoming one of the world’s leading aviation leasing companies

CDB Aviation appoints Peter Chang as President & Chief Executive Officer, entering the next phase of the company’s growth, building a world-class, industry-leading management team and expanding its focus beyond China with a goal of becoming one of the world’s leading aviation leasing companies

2016
CDB Aviation Lease Finance DAC is registered as a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited

CDB Aviation Lease Finance DAC is registered as a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited

@Air_Seychelle’s Veuve, Seychelles Paradise Catcher, the first A320neo in #Africa arrived to a much-celebrated welcome in Victoria. @CDBAviation is proud to be the first lessor to place an A320neo with an African airline https://t.co/VJjUL7raw8 #aviation #airlines #Africa

@CDBAviation’s new customer @Ural_Air_Lines receives the first of three #A320neo aircraft, Russia’s first LEAP-1А-powered #neo https://t.co/oHejbON1s0 #aviation #aircraftleasing #CDBAviation

@CDBAviation is the first global lessor to deliver #A320neo to an African carrier, the aircraft on lease to @Air_Seychelles is also the first #LEAP-1A-powered A320neo on the continent https://t.co/VJjUL7raw8 #aviation #airlines #Africa