50 SKY SHADES - World aviation news

Boeing, CDB Aviation Lease Finance Announce Order for 30 737 MAX 8 airplanes

Download: Printable PDF Date: 13 Mar 2017 15:46 (UTC) category:
Publisher:
Boeing, CDB Aviation Lease Finance Announce Order for 30 737 MAX 8 airplanes - Manufacturer publisher
Tatjana Obrazcova
Country: United States Aircraft: Airplanes

Boeing and CDB Aviation Lease Finance (CDB Aviation) announced an order today for 30 737 MAX 8 airplanes. The order, valued at $3.3 billion at current list prices, was previously unidentified on Boeing's Orders & Deliveries website.

Both sides agreed to take this opportunity to broaden communication and strengthen cooperation in various fields, bringing the partnership to a new level. "Our commitment to our customers is to provide them with the most efficient and reliable products," said Peter Chang, President and Chief Executive Officer of CDB Aviation. "The 30 Boeing 737 MAXs in our portfolio provide the competitive advantages of fuel efficiency, reliability and passenger experience they are looking for in the single-aisle airplane."

Based in Dublin, Ireland, CDB Aviation operates as a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co LTD (CDB Leasing) (HKEX stock code:1606). With registered capital of $US50 million and a fleet of over 200 aircraft, CDB Aviation has over 10 years' experience in the business and is one of the largest and most influential Chinese-owned aviation leasing companies.

"We are very pleased to expand our partnership with CDB Aviation with this announcement," said Rick Anderson, vice president of Northeast Asia Sales, Boeing Commercial Airplanes. "As we work together with the new management team at CDB Aviation to address the opportunities presented in a rapidly growing market for commercial airplanes, we look forward to strengthening and growing our partnership in the very near future."

The 737 MAX family has been designed to offer customers exceptional performance, flexibility and efficiency, with lower per-seat costs and an extended range that will open up new destinations in the single-aisle market. The 737 MAX will be 14 percent more fuel-efficient than today's most efficient Next-Generation 737s – and 20 percent better than the original Next-Generation 737s when they first entered service. With broad market acceptance, the 737 MAX has more than 3,600 orders to date from 83 customers worldwide.





Recommended

VINCI Airports celebrates the completion of the extension and renovation of Kansai International Airport, as well as the 10th anniversary of the concession

Kansai International airport (KIX) reaches new milestone in its development with the inauguration of the completed international trade zone. This completion marks the conclusion of the extensive renov...

Global Jet Capital launches Q1 2026 market briefing

While the geopolitical situation contributed to economic uncertainty in Q1, market fundamentals remained healthy. The quarter showed strong demand for business aviation, reflected in increasing aircra...

AERO 2027 builds on the success of this year’s edition

AERO 2027, taking place from April 14-17, 2027, will feature a further developed concept designed to build on the great success of this year’s event. In 2026, 860 exhibitors from 50 countries to...

Gogo secures $7.5 million NOAA contract, providing mission-critical communications services for ‘hurricane hunter’ aircraft

SD Government, a Gogo company serving the military and government markets, announced today that it has secured a multi-year framework contract from the U.S. Department of Commerce's National...

Android Apps development in Riga, Latvia