CDB Aviation purchases and leases back nine 737 MAX aircraft to WestJet

©WestJet Boeing 737 Max

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has completed the financing for eight of the nine Boeing 737 MAX 8 aircraft under the purchase-and-lease-back agreement with Calgary-based carrier WestJet. The ninth aircraft is anticipated to close in December 2020. The aircraft were originally delivered to WestJet over the past three years.

“We have formed a strong working relationship with our colleagues at WestJet, and warmly welcome them to our growing family of airline customers across the Americas,” commented CDB Aviation Chief Marketing Officer Peter Goodman.

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