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Home Sectors Aviation

CDB leases five 737 MAX 8s to Spicejet

Fiinews by Fiinews
March 28, 2018
in Aviation, Banking & Finance, Investment
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Spicejet reports robust growth

SpiceJet ROJ 737 MAX8 Artwork
K66052

 

CDB Aviation Lease Finance DAC has signed an agreement with India’s low-cost carrier SpiceJet Ltd for the long-term lease of five Boeing 737 MAX 8 aircraft.

All five aircraft are from CDB Aviation’s order book with Boeing, and are expected to deliver to the airline in 2019.

SpiceJet has recently been on a robust growth path, enjoying major success in enhancing customer-centricity and strengthening operations.

“We look forward to supporting the airline management’s vision to be one of India’s most advanced airlines, operating in the fastest growing aviation market in the world,” said CDB Aviation President and Chief Executive Officer Peter Chang.

SpiceJet Ltd is India’s favorite airline that has made flying affordable for more Indians than ever before.

CDB Aviation Lease Finance DAC is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co Limited. fii-news.com

Tags: SpiceJet Ltd
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