China Development Bank fined ¥42.7mn for HNA loan guarantee
The Hainan branch of the government-owned China Development Bank (CDB) has been fined exactly CNY42.6616 million yuan (USD6.56 million) for… Read More »
China Development Bank and General Electric cancel Boeing 737 MAX order
China Development Bank (CDB) Financial Leasing announced on Monday it had agreed with Boeing to cancel the purchase of 29… Read More »
China Nears Landmark Order for 500 Boeing Aircraft Amid Rival Airbus Deal
Chinese airlines are reportedly on the verge of finalizing a blockbuster order for 500 Boeing aircraft, according to Reuters. The… Read More »
China’s CDB Leasing Orders 80 Airbus A320neo Aircraft to Upgrade Fleet
China Development Bank Financial Leasing (CDB) has announced a substantial order for 80 Airbus A320neo family aircraft. The deal, revealed… Read More »
Aircraft Leasing Companies Reassess China Exposure Amid Geopolitical Tensions and Losses
Global aircraft leasing firms are reconsidering their risk exposure in China in light of heightened tensions with the United States… Read More »
China’s Ban on Apple’s iPhone Grows as More Agencies and Companies Join
China’s efforts to reduce reliance on foreign technologies have accelerated as multiple Chinese agencies and state-backed companies are reportedly urging… Read More »
Projected Surge in US Defense Spending Fueled by China’s Security Threat
China’s position as a threat to US security remains a primary driver behind a projected surge in US defense spending… Read More »
Boeing CEO Stan Deal Holds Key Meeting with China’s Civil Aviation Administration
Boeing Commercial Airplanes (BCA) CEO, Stan Deal, recently engaged in crucial discussions with representatives from the Civil Aviation Administration of… Read More »
Russia’s Aeroflot bought 10 Boeing 777 from Russian bank VEB
An Irish lessor that sold 10 Boeing 777-300ER aircraft to Russia’s flagship carrier Aeroflot last year was a local subsidiary… Read More »
China Southern Airlines’ history with the Airbus A380
The Airbus A380 is not typically associated with carriers from Asia after becoming seemingly synonymous with Middle East-based airlines. However,… Read More »
China’s domestic leasing companies order 300 C919 home-built jets
The C919, China’s first self-developed single-aisle passenger jet, netted 300 new orders on Nov. 8 from seven domestic aircraft leasing… Read More »
China’s HNA cedes control of Hainan Airlines group to Fangda
Bankrupt Chinese conglomerate HNA Group announced on its WeChat social media channel on December 8 that it had officially handed… Read More »
China’s Hainan Airlines to raise $7.5bn to offset debts
Hainan Airlines Holding has revealed a CNY50 billion yuan (USD7.5 billion) plan to reduce its debts as part of its… Read More »
US bankruptcy court greenlights PAL’s loan financing
Philippine Airlines (PR, Manila Ninoy Aquino Int’l) has announced it has won US court approval to access financing for its… Read More »
China’s Juneyao Air targets HNA Group assets – report
Juneyao Air (HO, Shanghai Hongqiao) is establishing an investment company together with strategic investors as a means of investing in… Read More »
Neos awarded at the China Awards
The Italian airline owned by Alpitour group, based in Milano Malpensa, was awarded for the logistical operational support provided to… Read More »
China’s Xiamen Airlines set for $610mn recapitalisation
Xiamen Airlines (MF, Xiamen) is set to be recapitalised after its three shareholders agreed to inject CNY4 billion yuan (USD610.7… Read More »
Embraer says China, India are potential partners after failed Boeing deal
Brazil’s Embraer SA said on Monday that China and India could be potential new partners, following a Reuters report last… Read More »
Bankrupt Alitalia plans boosting its flights in June
Alitalia said it would resume its nonstop Rome (FCO)-New York (JFK) service, FCO flights to Madrid and Barcelona and fly… Read More »
China’s CDB Financial cancels purchase of 29 Boeing 737 MAX jets
China Development Bank (CDB) Financial Leasing said it had agreed with Boeing to cancel the purchase of 29 undelivered 737… Read More »
CDB Aviation Leases Five Airbus A321neo Jets to LATAM Airlines
CDB Aviation has signed lease agreements for five Airbus A321neo (A321-271NX) aircraft with LATAM Airlines Group, reinforcing the Latin American… Read More »
Loong Air to Lease Six A321neos from CDB Aviation
Zhejiang Loong Airlines has signed lease agreements for six Airbus A321neo aircraft with CDB Aviation, the Irish leasing subsidiary of… Read More »
Irish Court Ends Major Aviation Insurance Disputes
SMBC Aviation Capital and CDB Leasing have reached settlements on war risk insurance claims against at least two major insurers,… Read More »
CDB Aviation Secures $194 Million Payout from Russian Insurer for Aeroflot Aircraft Settlement
In a significant development, CDB Aviation has successfully received a substantial payout of CNY1.42 billion yuan (USD194 million) from the… Read More »
Go First Set to Take Off Again After Regulatory Approval and Audit
After a prolonged suspension of operations, Go First is gearing up to resume its flights. The airline has received the… Read More »
Turkish Airlines Subsidiary Expands Fleet with Six Boeing 737-8 Aircraft
Turkish Airlines’ low-cost regional airline, AnadoluJet, will boost its fleet size with the arrival of six 737 MAX 8 aircraft…. Read More »