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CDB Aviation handovers three A321neo jets on lease to KLM

CDB Aviation handovers three A321neo jets on lease to KLM.
This agreement reflects KLM's ongoing commitment to modernize and expand its fleet as part of its fleet renewal strategy.

The three CDB Aviation Airbus A321neo aircraft are equipped with CFM LEAP-1A30 engines and are scheduled for delivery to KLM between September and November 2024.

CDB Aviation, a subsidiary of China Development Bank Financial Leasing (CDB Leasing), has signed lease agreements for three new Airbus A321neo aircraft with KLM Royal Dutch Airlines (KLM). This expansion of their longstanding relationship will see KLM adding these next-generation aircraft to its fleet on operating lease. The three Airbus A321neo aircraft are equipped with CFM LEAP-1A30 engines and are scheduled for delivery to KLM between September and November 2024. KLM plans to deploy these aircraft on medium-haul routes within Europe, particularly from its global hub at Amsterdam Schiphol Airport.

“We are thrilled to be expanding our long-standing relationship with KLM through the addition of these brand new A321neos to their fleet on operating lease,” said Peter Goodman, CDB Aviation’s Chief Commercial Officer. “These next generation aircraft offer the best performance in their category for the group’s network needs, benefiting from the latest technological innovations.”

This agreement reflects KLM’s ongoing commitment to modernize and expand its fleet as part of its fleet renewal strategy. The A321neo is known for its fuel efficiency and environmental benefits, aligning with KLM’s objectives to reduce its carbon footprint.

“Carriers like KLM, whose fleet renewal strategies are set on ambitious trajectories, value the flexibility and certainty offered by lessors whom they can trust and rely on to execute. With a rapid post-pandemic recovery, lessors have been required to turn to ingenuity and novel approaches in helping airlines reach their fleet expansion and renewal goals. We are very pleased KLM chose our team for these aircraft. The results achieved by our collaboration will be instrumental in helping reach KLM’s decarbonization targets,” concluded Jie Chen, CDB Aviation Chief Executive Officer.

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As the aviation industry rebounds from the challenges posed by the COVID-19 pandemic, partnerships like this one between CDB Aviation and KLM demonstrate the industry’s commitment to innovation, sustainability, and the delivery of high-quality air travel services to passengers. The A321neo’s advanced technology and fuel efficiency are expected to contribute to KLM’s operational efficiency and environmental sustainability efforts.