The fleet of Airbus A320neo and A321 neo will aid Volaris to bolster their leadership position in Mexican domestic market.
CDB Aviation entered into a new sale and leaseback agreement with Volaris for a fleet of five Airbus (two A320neos and three A321neos). CDB Aviation is a wholly-owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd.
Luís da Silva, CDB Aviation Head of Commercial, Americas said, “We are thrilled to be deepening our ongoing collaboration with the Volaris team in support of efforts to bolster their leadership position in the Mexican domestic market and execute on an aggressive strategy of growth and strong operational performance.”
Enrique Beltranena, Volaris’ President and Chief Executive Officer said, “With one of the youngest, most fuel-efficient fleets in America, and alongside partners at CDB Aviation, we reinforce our ESG strategy to ensure sustainable growth in the long term. These deliveries will also bring our clients the best flying experience in the most modern technology aircraft.”
Peter Goodman, CDB Aviation’s Chief Marketing Officer, concluded, “CDB Aviation is well-positioned to provide airlines with access to an established fleet of varied new and used aircraft types as well as wide-ranging and innovative financing solutions, anchored with the platform’s robust ability to expediently secure aircraft placements through SLB and PDP transactions.”
The new agreement brings the number of CDB Aviation aircraft on lease to Volaris to a total of thirteen aircraft, which were secured through the lessor’s order book with Airbus, as well as Sale and Leaseback transactions with and without Pre-Delivery Payments. Four of the aircraft were already delivered and the further nine will be delivered by the fourth quarter of 2024.
