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MARCH 2021

Week 12

News

CDB Aviation Lease Finance agrees purchase and leaseback deal with Scandinavian Airlines System

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March 26th 2021

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China Development Bank Financial Leasing Company (CDB) said today its CDB Aviation Lease Finance subsidiary had signed a purchase and leaseback agreement with Scandinavian Airlines System (SAS) for one A350-900 and three A320neos. Read More » The A350-900 will be delivered this year and the A320neos in 2022, CDB told the Stock Exchange of Hong Kong. SAS also was granted a purchase option for one A350-900 exercisable during the lease term.

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