CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has reported the delivery of the last of ten Airbus A320-200 aircraft to Indonesia’s newest low-cost airline, Super Air Jet (SAJ).
The aircraft were delivered to the carrier over a period of 18 months and are intended to support the development of Super Air Jet as a leading airline supporting the growth of domestic traffic in fast growing Indonesia as the region’s market continues to recover from the pandemic.
“SAJ’s growth prospects in Indonesia are very promising. Our team’s prerogative was to provide the most attractive financing terms and the right scale of leased aircraft to aptly support SAJ’s growth trajectory and low-unit cost operating model for the foreseeable future,” said Peter Goodman, Chief Marketing Officer CDB Aviation.