CDB Aviation Delivers First of Two A330-200s to Wamos Air

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank
Financial Leasing Co., Limited (“CDB Leasing”), announced today the
delivery of the first of two Airbus A330-200 aircraft to Spain’s
third-leading, long-haul airline Wamos Air. The second aircraft is
slated for delivery in June 2019.

“We look forward to our collaboration with our new European customer
Wamos Air in expanding their fleet to meet the growing demand for wet
lease operations,” said CDB Aviation President & Chief Commercial
Officer Patrick C. Hannigan. “Over the recent years, airline seat
volumes between Europe and Central America have grown faster than any
market to Latin America from Europe charter/leisure airlines, and Wamos
Air is at the center of meeting growth demand in this segment.”

“We are very pleased with this new agreement with CDB Aviation and the
addition of another two Airbus A330-200 aircraft to our current fleet,
starting with this first delivery. These two units will be fully
reconfigured very soon into new cabins, allowing us to offer a great
product to our clients,” said Wamos Air Chief Executive Officer Enrique
Saiz. “We look forward to exploring new leasing opportunities with CDB
Aviation that will lead us to consolidate our Airbus A330-200 fleet.”

About Wamos Air

Wamos Air is the third-leading, long-haul airline in Spain, boasting air
capacity of more than 1,600,000 seats a year flown on a fleet of six
Boeing 747-400 and five Airbus 330-200. Wamos Air’s business model is
diversified in three different areas: regular flights, charter
operations, and wet lease operations. www.wamosair.com/en

About CDB Aviation

CDB Aviation is a wholly owned Irish subsidiary of China Development
Bank Financial Leasing Co., Limited (“CDB Leasing”) a 35-year-old
Chinese leasing company that is backed mainly by the China Development
Bank. China Development Bank is under the direct jurisdiction of the
State Council of China and is the world’s largest development finance
institution. It is also the largest Chinese bank for foreign investment
and financing cooperation, long-term lending and bond issuance, enjoying
Chinese sovereign credit rating.

CDB Leasing is the only leasing arm of the China Development Bank and a
leading company in China’s leasing industry that has been engaged in
aircraft, infrastructure, ship, commercial vehicle and construction
machinery leasing and enjoys a Chinese sovereign credit rating. It took
an important step in July 2016 to globalize and marketize its business –
listing on the Hong Kong Stock Exchange (HKEX STOCK CODE: 1606). www.CDBAviation.aero

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