Friday, July 3, 2026

CDB Aviation Sale-and-Leaseback Deal for Boeing 787-9s with Lufthansa

CDB Aviation, the Irish-based subsidiary of China Development Bank Financial Leasing Co., Ltd., announced on Wednesday that it has completed a sale-and-leaseback transaction for two Boeing 787-9 Dreamliner aircraft with German flag carrier Lufthansa.

The two widebody aircraft were delivered to Lufthansa during late 2025 and early 2026. Under the terms of the agreement, the aircraft will be operated by the airline on its extensive international long-haul network.

The transaction marks a significant milestone in the ongoing relationship between the lessor and the airline group. While CDB Aviation has historically engaged with other members of the Lufthansa Group—including Austrian Airlines and Eurowings—and has maintained a business relationship with the airline’s engine leasing division, this deal represents the first direct aircraft leasing agreement between CDB Aviation and Lufthansa Airlines.

“This sale and leaseback agreement with Lufthansa represents a key transaction for CDB Aviation, as we continue to grow the portfolio with top-tier credits and new technology, liquid assets,” said Gavan Daly, CDB Aviation’s head of commercial for the EMEA region. “We are pleased to partner with such an iconic carrier as they continue to modernize their fleet.”

The two Boeing 787-9s are equipped with Lufthansa’s latest cabin innovation, known as the "Allegris" configuration. This new product standard is a centerpiece of the airline’s current fleet modernization strategy, designed to enhance passenger comfort across all service tiers.

The Allegris cabin features redesigned offerings in Business, Premium Economy, and Economy classes.

CDB Aviation, headquartered in Dublin, remains one of the world’s largest aircraft leasing companies.

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