News
CDB Aviation Lease Finance cancels purchase of 20 737 MAXs
March 29th 2021
China Development Bank Financial Leasing Co (CDB) has told the Stock Exchange of Hong Kong its wholly-owned subsidiary, CDB Aviation Lease Finance, had reached agreement with Boeing to terminate purchase and delivery of 20 undelivered 737 MAXs in order to “recalibrate” its 737 MAX fleet. Read More » Before the cancellation was announced, CDB had 65 undelivered 737 MAXs in purchase agreements with Boeing, the lessor said.
