PARIS: Lessor CDB signs for 60 Boeing jets including 10 Max 10s

GE Capital Aviation Services A320neo

GE Capital Aviation Services A320neo

"The continued modernization of our fleet and the delivery of the new 737 MAX, now including the 737 MAX 10, will support the delivery of TUI's commitment to reducing the carbon intensity of our operations".

"Our new vision is to propel CDB Aviation into a formidable global aviation leasing platform", said Peter Chang, President and Chief Executive Officer, CDB Aviation.

Boeing said it had more than 240 Max 10 jets on order from more than 10 customers with the jet expected to be ready in 2020. "This additional order of Boeing's fastest-selling 737 MAXs and eight of its cutting-edge 787 Dreamliners to our growing fleet will play a key role in bolstering our global position and delivering the most advanced, in-demand aircraft to our expanding worldwide customer base".

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CDB Aviation Lease Finance DAC ("CDB Aviation") is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited ("CDB Leasing"), a 33-year-old Chinese leasing company that is backed mainly by the China Development Bank. Adding the 737 MAX 10 gives our customers the most flexibility in the market, providing their fleets the range capability, fuel efficiency and unsurpassed reliability that the 737 MAX family is widely known for. The leisure group is the first European operator to select the latest member of the 737 MAX family of airplanes.

The 737 Max 10 will be five-and-a-half feet longer than the 737 Max 9 and seat between 180 and 230 passengers compared to the latter's 178. Since entering service in 2011, the 787 family has flown more than 167.6 million people on more than 610 unique routes around the world, saving an estimated 15.6 billion pounds of fuel.

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