Leasing
CDB Aviation signs up Vietnam’s newest carrier, Bamboo Airways
November 1st 2018
CDB Aviation Aviation Lease Finance DAC (CDB Aviation), a 100% owned subsidiary of Irish lessor CDB Leasing, have signed a lease agreement with Vietnam’s newest carrier, hybrid start-up Bamboo Airways, for three new A320-200neo. Read More »
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The CDB deal is the first aircraft lease written by the carrier and the lessor’s first lease to an airline in Vietnam. Bamboo will be a hybrid carrier offering a mix of premium and LCC fares on the same flight. It has announced plans to serve Asia and also long-haul routes to Europe and North America.
CDB Commercial Aviation chief commercial officer, Patrick Hannigan, said: ‘We are pleased to welcome our newest and first customer in Vietnam and support the carrier’s ambitious development plans to meet demand from the nation’s booming tourism industry and its rapid international travel growth.
“With innovative financing solutions and access to a robust order book for the most advanced and efficient aircraft, CDB Aviation is well positioned to support airlines in the world’s fastest growing travel market.”
Bamboo Airways CEO, Dang Tat Thang, said: “this is an important step in the journey of Bamboo Airways to prepare the best facilities for our guests. We are eager to receive aircraft from CDB Aviation, our strategic partner.”
Bamboo ia a wholly owned subsidiary of aviation to farming conglomerate, FLC Group. The new airline plans to begin domestic commercial flights by year-end and quickly expand its network to China, South Korea and Japan.
