CDB Aviation delivers A320neo aircraft to AirAsia Berhad

CDB Aviation Lease Finance DAC, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited, has announced the delivery of a new Airbus A320neo aircraft to Malaysia-based low-cost carrier AirAsia Berhad, as part of a purchase and leaseback transaction for three aircraft, the company said.

The A320neo aircraft, powered by CFM LEAP-1A engines, seat 186 passengers and are equipped with the innovative Space-Flex cabin. The aircraft will serve AirAsia Berhad´s extensive network out of Kuala Lumpur, Malaysia.

CDB Aviation´s order book comprises a total of 90 A320neo Family aircraft, including 32 A321neo and 58 A320neo aircraft.

AirAsia, the and largest low cost carrier in Asia by passengers, services an extensive network of over 120 destinations. Since starting operations in 2001, AirAsia has carried more than 330 million guests and has grown its fleet from just two aircraft to over 200. The airline is proud to be a truly ASEAN (Association of Southeast Asian Nations) airline with operations based in Malaysia, Indonesia, Thailand and the Philippines as well as India and Japan, servicing a network stretching across Asia, Australia and New Zealand and the Middle East.

CDB Aviation is a wholly owned Irish subsidiary of CDB Leasing, a 33-year-old Chinese leasing company that is backed mainly by the China Development Bank.