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China Development Bank Expands Aircraft Fleet with New Acquisition
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China Development Bank Expands Aircraft Fleet with New Acquisition

China Development Bank Financial Leasing Co Ltd Class H (HK:1606) has released an update.

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China Development Bank Financial Leasing Co., Ltd. has announced a significant acquisition of six aircraft—four Airbus A321s and two Boeing 737s—from Air Lease Corporation. This transaction, classified as a discloseable transaction, is part of the company’s strategy to enhance its aircraft leasing portfolio and is expected to be completed by March 2025. The deal aligns with the company’s regular business activities and is deemed beneficial for both the company and its shareholders.

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