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CDB Leasing acquires $1.7 billion portfolio
21 December 2011
The lessor, owned by China Development Bank, has bought 32 aircraft from Gecas.
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CDB Leasing
Gecas
portfolio
A320
A330
737-800
Chinese lessor, China Development Bank Leasing (CDB Leasing) is acquiring a portfolio of aircraft from Gecas. The deal for 32 aircraft with leases attached is worth about $1.7 billion.
The portfolio consists of 737-800s, A320s and A330s with an average fleet age of less than two years. The aircraft are mainly leased to Asia Pacific and European carriers. The two parties signed the deal in...
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