Industry

Published on January 4th, 2022 | by Alan Dwyer

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CDB Completes Deliveries to United

CDB Aviation has announced the completion of deliveries of a fleet of fifteen new Boeing aircraft to United Airlines. The sale and leaseback transaction covered a fleet of two Boeing 787-9 Dreamliners and thirteen Boeing 737 MAX-8 aircraft, which were delivered between 2020 and 2021. The two Dreamliner’s are powered by General Electric GEnx engines and configured in a 257-seat layout with the new Polaris and Premium Plus cabins. As air travel returns, these widebody aircraft are expected to deliver the advantages of lower fuel consumption and efficient economics to open new routes and markets. The thirteen Boeing 737 MAX 8 aircraft, powered by CFM International’s LEAP-1B engines, features a total of 166 seats in a 2-cabin layout. The MAXs are operated on the carrier’s short- and medium-haul missions, delivering a reduced environmental impact and an enhanced passenger experience as United advances its long-term strategy to further entrench domestic operations.

Peter Goodman of CDB Aviation

Commenting on the completion of the deal, CDB Aviation Chief Marketing Officer, Peter Goodman said, “We want to thank members of both the United and CDB Aviation teams who collaborated on structuring and expediently executing this complex transaction during a particularly challenging period for the industry.” Peter also emphasized the transaction’s role in “supporting United management’s efforts to streamline their fleet and enhance operating economics as they work toward the resumption of sustained, long-term growth.”

Also commenting was United’s Vice President and Treasurer, Pam Hendry who added, “The onset of COVID-19 ushered in the most challenging period in the history of the aviation industry. We are thankful for the partnership we established with CDB Aviation and appreciate their willingness and ability to support United in a meaningful way during this global pandemic.”

Finally, CDB Aviation CEO, Patrick Hannigan added, “This mandate demonstrated our evolved platform’s robust capabilities and scale as well as our highly competitive position among global lessors. Our commercial team remains focused on identifying ways to deliver wide-ranging and innovative solutions to top-tier airlines, such as United, as they navigate their pathways through the air travel sector’s nascent recovery and position their fleets for post-pandemic realities, with operating economics and sustainability top of mind.”

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