CDB Aviation Executes Sale and Leaseback Transaction with New Middle Eastern Customer Jazeera Airways
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), announced today the signing of a sale and leaseback agreement for two Airbus A320neo aircraft with a new customer in the Middle East, Kuwaiti carrier Jazeera Airways (Jazeera).
- CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), announced today the signing of a sale and leaseback agreement for two Airbus A320neo aircraft with a new customer in the Middle East, Kuwaiti carrier Jazeera Airways (Jazeera).
- Were thrilled to welcome a new customer in a new jurisdiction for our company, pointed out Paul Boyle, CDB Aviations Head of Europe, the Middle East & Africa.
- Jazeera has a strong focus on growth over the coming years, and our fleet expansion plans have been greatly assisted by this new agreement with CDB Aviation, Rohit Ramachandran, Chief Executive Officer of Jazeera Airways.
- Jazeera Airways operates commercial and cargo flights out of its Jazeera Terminal T5 at Kuwait International Airport.