CDB Aviation and Volaris Agree to a Deal to lease Four New A320neo Aircraft

  • The details of this deal
  • How the A320neo will help our environment and carbon footprint

CDB Aviation has signed an agreement with  Mexico’s number one airline,  Volaris Aviation, for the sale and leaseback of four new Airbus A320neo aircraft. The aircraft, two of which are scheduled to deliver to Volaris by October 2021, with the remaining two expected to arrive by the middle of 2022, are leased on a long-term basis, bringing the CDB Aviation total number of aircrafts on lease to Volaris to 6. The neos will support the optimization of the carrier’s fleet plan as it targets to reinforce its low-unit cost operating model to meet post-COVID-19 traffic requirements in alignment with the company’s sustainability strategy. The fuel-efficient, high technology aircraft will be deployed primarily to strengthen Volaris’ leadership position in the Mexican domestic market, which will allow the airline to create opportunities as travel starts to pick up again post pandemic.

Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Since beginning operations in March 2006, Volaris has increased its routes from 5 to 180 and its fleet from 4 to 94 aircraft. Volaris offers more than 460 daily flight segments on routes that connect 43 cities in Mexico and 25 cities in the United States with one of the youngest fleets in The Americas. CDB Leasing is the only leasing arm of the China Development Bank and a leading company in China’s leasing industry that has been engaged in aircraft, infrastructure, ship, commercial vehicle and construction machinery leasing and enjoys a Chinese sovereign credit rating.

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