China Development Bank Financial Leasing and Unit to Buy Aircraft From Airbus and Boeing
September 24 2017 - 10:10PM
Dow Jones News
By Chester Yung
HONG KONG--China Development Bank Financial Leasing Co. Ltd.
(1606.HK) said late Friday that it together with its unit in
Ireland CDB Aviation Lease Finance DAC, have signed agreements to
buy aircraft from Airbus (ABI-YY) and Boeing Co. (BA).
The Hong Kong-listed company and its unit will buy 60 Boeing
aircraft at the list price of US$7.4 billion in total and the
aircraft are scheduled to be delivered from 2019 to 2024.
Besides, they agreed to buy 45 Airbus aircraft at the list price
of US$5.2 billion in total and the aircraft are scheduled to be
delivered from 2022 to 2024.
Write to Chester Yung at chester.yung@wsj.com
(END) Dow Jones Newswires
September 24, 2017 21:55 ET (01:55 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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