CDB Avi­a­tion to or­der 30 Boe­ing air­craft

New Straits Times - - Business / World -

China’s CDB Avi­a­tion Lease Fi­nance is poised to an­nounce an or­der for 30 Boe­ing 737 MAX 8 passenger jets and is look­ing at plac­ing fur­ther air­craft or­ders as it pur­sues in­ter­na­tional growth, in­dus­try sources said on Tues­day. Such a deal would be worth US$3.3 bil­lion (RM14.7 bil­lion) at list prices, but man­u­fac­tur­ers typ­i­cally charge about half price for ac­tual mar­ket trans­ac­tions. The deal would be the first busi­ness an­nounce­ment since the firm ap­pointed leas­ing veteran Peter Chang as its chief ex­ec­u­tive in De­cem­ber.

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