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CDB Aviation Adds to AEGEAN’s Fleet with A321NX Lease

Aegean Airlines (AEGEAN), the Greek national carrier, has entered into a lease agreement with CDB Aviation, securing an Airbus A321-271NX. The additional aircraft aligns with the airline’s expansion plans in the European aviation market.

Aegean A321neo aircraft.
AEGEAN A321neo aircraft. Source: AEGEAN

A Resolute Step Towards Expansion

This aircraft, expected for delivery by spring 2025, is pivotal for the Athens-based airline’s ambition to meet the soaring passenger traffic levels to and from Greece. The surge, surprisingly, has exceeded the 2019 levels, hinting at the airline’s robust operational strategy and the country’s escalating tourism allure.

Reflecting on this collaboration, CDB Aviation’s CEO Jie Chen remarked, “We’re very pleased to have established our latest customer relationship with the largest Greek airline and a leading regional carrier in Europe. This advanced, latest generation A321neo will be another well-suited member of AEGEAN’s growing fleet, providing the level of efficiency and comfort that is aligned with the carrier’s ongoing efforts to continuously improve its services and innovate to meet the evolving needs of its passengers.”

Dimitris Gerogiannis, AEGEAN’s CEO, shared this sentiment. “Our partnership with CDB Aviation will help us achieve our fleet development and growth plan for the coming years. The latest generation A321neo provides our customers with the enhanced experience they’re looking for, while significantly reducing our environmental footprint.”

About AEGEAN

AEGEAN, commended as the best regional airline in Europe multiple times, has continually showcased impressive growth. In 2022, AEGEAN and its subsidiary Olympic Air served 12.5 million passengers. Their operational strategy for 2023 offers 18 million seats to a network of 165 destinations. The airline operates a fleet of 76 aircraft, including the latest Airbus A320 and A321neo. AEGEAN is a member of STAR ALLIANCE.

About CDB Aviation

CDB Aviation is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Corporation (CDB Leasing). CDB Leasings legacy spans 38 years and covers aircraft, ships, commercial vehicles, and construction machinery. It is a cornerstone in China’s leasing landscape.

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