Asia

CDB Aviation expands cooperation with Turkish Airlines with introduction of carrier’s first A320neo

The transaction marks the introduction of the inaugural A320neo to the carrier’s fleet.

Dublin, Ireland – CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of one Airbus A320neo to Turkish Airlines, the flag carrier of Turkey. The transaction marks the introduction of the inaugural A320neo to the carrier’s fleet.

“We are delighted to be leasing Turkish Airlines’ first A320neo, which will contribute toward growing and modernizing the carrier’s flight operations on both domestic and international routes,” stated Paul Boyle, CDB Aviation’s Head of Europe, the Middle East & Africa. “Introducing the A320neo marks a new step forward in the airline’s ongoing fleet modernization process.”

Levent Konukcu, Turkish Airlines’ Chief Investment and Technology Officer, commented: “As one of the world’s leading airlines, supporting our successful and stable performance with new generation aircraft that we continue to include in our fleet brings us closer to our goals. We would like to thank our business partners, such as CDB Aviation, for their support in this direction.”

With the recently awarded IATA IEnvA Stage 2 certificate, which signifies the highest level of compliance with the IATA Environmental Assessment program, Turkish has become a pioneer among airlines in undertaking sustainability-focused projects for every stage of its flight and ground operations in recent years.

“With unprecedented reductions in fuel burn, emissions, and noise, the A320neo is among the most efficient and quietest aircraft for short- and medium-haul routes on the market today,” emphasized Peter Goodman, CDB Aviation’s Chief Commercial Officer. “The A320neo is well suited to support Turkish Airlines’ ambitious growth journey and contribute toward reaching its sustainability goals by lessening the environmental footprint of its flight operations.”

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