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Published on April 8th, 2022 | by Alan Dwyer

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CDB Signs Sale and Leaseback Agreement with Volaris

CDB Aviation has announced it has entered into a new sale and leaseback agreement with its existing customer, Volaris, for a fleet of five Airbus aircraft, two A320neos and three A321neos. 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 orderbook 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.

Commenting on the deal, CDB Aviation Head of Commercial, Americas, Luís da Silva 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.”

Also commenting was the President and Chief Executive Officer at Volaris, Enrique Beltranena who added, “With one of the youngest, most fuel-efficient fleet 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.”

And in conclusion CDB Aviation’s Chief Marketing Officer, Peter Goodman said, “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.”

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