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1606 — China Development Bank Financial Leasing News Story

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China Development Bank's aviation unit buys 80 Airbus A320neo jets

Sept 12 (Reuters) - China Development Bank Financial
Leasing  1606.HK  said on Thursday it would buy 80 Airbus
 AIR.PA  A320neo planes with delivery expected to begin in 2030.
    The purchase will optimize the fleet structure of its
aviation unit and increase the proportion of next-generation
aircraft which have high fuel efficiency and wide market
penetration, a statement to Hong Kong stock exchange said.
    The company said deliveries are expected between 2030 and
2032. 
    European planemaker Airbus has been struggling to meet
delivery targets due to supply chain problems which are
affecting the entire aviation industry. 

 (Writing by Lisa Barrington; Editing by Kim Coghill)
 ((lisa.barrington@thomsonreuters.com;))

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