Strategic Boeing 737 MAX lease agreement between CDB Aviation and TAROM to enhance fleet modernization and operational efficiency.
CDB Aviation, an Irish subsidiary of CDB Leasing, recently announced lease agreements for two Boeing 737 MAX 8 aircraft with Romanian flag carrier TAROM. These aircraft, leased from CDB Aviation’s direct orderbook with Boeing, will aid TAROM’s fleet modernization. This process aims to standardize the fleet and achieve significant cost reductions. Moreover, the delivery schedule for aircraft with 189 seats is set to be delivered between December 2025 and January 2026.
Jie Chen, Chief Executive Officerof CDB Aviation, said, “We look forward to forging a strong relationship with our newest European customer and one of the region’s oldest airlines, TAROM. Since its inception seven decades ago, TAROM is currently the longest operating airline of Romania, having played a central role in advancing the country’s aviation industry and its regional connectivity. With these MAX aircraft, TAROM will be able to continue to enhance its market position, while building one of the youngest fleets in the region,”
TAROM Romanian Air Transport, established in 1954, operates under the Ministry of Transport’s authority. Since June 25, 2010, it has been a member of the SkyTeam Alliance. Moreover, the Romanian flag carrier owns a fleet of 18 aircraft. Additionally, TAROM serves 70 destinations, either with its own aircraft or through code share partners.
Costin Iordache, Chief Executive Officer of TAROM, said, “We are thrilled to partner with CDB Aviation in our ongoing plans to modernize TAROM’s fleet, and the role of these two new Boeing 737 MAX 8 aircraft is to help us enhance operational efficiency and provide our passengers with a superior flying experience. We value CDB Aviation’s expertise and support for this investment, an important part of our company’s development plan, in which the fleet update is a key element in bringing about a better commercial performance and growth outlook, and we are looking forward to introducing them in our regular flight planning.”
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CDB Aviation, an Irish subsidiary, wholly owned by China Development Bank Financial Leasing Co., Ltd., operates for 39 years. Moreover, the China Development Bank primarily backs it, ensuring robust financial support for its operations. The company is rated Investment Grade by Moody’s (A2), S&P Global (A), and Fitch (A+).
Q. – What aircraft type did CDB Aviation lease to TAROM?
A. – Boeing 737 MAX 8.
Q. – When will TAROM receive the leased aircraft from CDB Aviation?
A. – Between December 2025 and January 2026.
