Others

CDB Aviation leases Airbus A321NX jets to AEGEAN

CDB Aviation leases Airbus A321NX jets to AEGEAN.
Aegean Airlines, headquartered in Athens, Greece, is positioning itself for expansion and increased competitiveness in the European market.

This move to lease the latest generation Airbus A321neo from CDB Aviation aligns with Aegean Airlines’s strategy to modernize its fleet and increase efficiency and passenger comfort.

CDB Aviation, a subsidiary of China Development Bank Financial Leasing, has entered into a lease agreement with Aegean Airlines, Greece’s flag carrier, for an Airbus A321-271NX. This aircraft is set to be delivered in the spring of 2025 as Aegean Airlines expands its European operations and aims to meet the growing passenger traffic levels in the region.

As one of the leading regional carriers in Europe, Aegean Airlines is focused on enhancing its services and responding to the changing needs of its passengers. This move to lease the latest generation A321neo from CDB Aviation aligns with the carrier’s strategy to modernize its fleet and increase efficiency and passenger comfort.

“We’re very pleased to have established our latest customer relationship with the largest Greek airline and a leading regional carrier in Europe,” stated Jie Chen, Chief Executive Officer, CDB Aviation. “This advanced, latest generation A321neo will be another well-suited member of AEGEAN’s growing fleet, providing the level of efficiency and comfort that is aligned with the carrier’s ongoing efforts to continuously improve its services and innovate to meet the evolving needs of its passengers,” he further added.

“Our partnership with CDB Aviation will help us achieve our fleet development and growth plan for the coming years,” commented Dimitris Gerogiannis, Chief Executive Officer, AEGEAN. “The latest generation A321neo provides our customers with the enhanced experience they’re looking for, while significantly reducing our environmental footprint,” he further added.

This agreement between CDB Aviation and Aegean Airlines reflects the broader trend in the aviation industry towards more fuel-efficient and environmentally friendly aircraft. The A321neo is known for its improved fuel efficiency and reduced emissions, aligning with the global push for more sustainable aviation practices.

Aegean Airlines, headquartered in Athens, Greece, is positioning itself for expansion and increased competitiveness in the European market. The airline’s decision to lease the A321neo from CDB Aviation is a strategic move to modernize its fleet, improve operational efficiency, and provide a more comfortable and environmentally conscious travel experience for its passengers.

With the aviation industry recovering from the impact of the COVID-19 pandemic, airlines like Aegean are adapting to changing market conditions and seeking opportunities for growth. Leasing agreements, such as the one with CDB Aviation, enable airlines to access modern and efficient aircraft without the immediate capital investment associated with aircraft purchases.

Read More StoriesRTX’s Collins Aerospace to supply Large Area Display for BAE Systems Typhoon cockpit

As passenger demand continues to rebound, partnerships like this one between CDB Aviation and Aegean Airlines illustrate the industry’s commitment to sustainability and innovation in delivering high-quality air travel services to passengers across Europe and beyond.