CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), has 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 leasing platform.
During 2018 the company signed lease transactions for 62 aircraft with 22 customers, signed agreements to sell 17 aircraft and to acquire 28 aircraft, acquired 42 aircraft on operating lease, representing over 20% growth by number of aircraft in the fleet at the start of 2018. CDB Aviation signed financing transactions for US$3.2 billion and ended the year with 104 total employees, adding 36 new staff members in 2018 and added 9 new airline customers.
