now loading...
Wealth Asia Connect Middle East Treasury & Capital Markets Europe ESG Forum TechTalk
Asia Connect
CDB Aviation delivers three A320neo jets to Mexico’s Volaris
Engines dispatched ahead of airframes to capture high summer travel demand across Americas
Tom King   25 Jun 2025

CDB Aviation, the aircraft leasing arm of China Development Bank Financial Leasing, has completed the delivery of three Airbus A320neo aircraft to Volaris, Mexico’s largest ultra-low-cost carrier, in a move that underscores China’s growing footprint in global aviation finance.

Notably, the deal was structured to accelerate delivery, with engines dispatched ahead of airframes, demonstrating a tailored, capital-efficient leasing model aimed at capturing high summer travel demand across the Americas. The transaction also strengthens the long-standing partnership between CDB Aviation and Volaris.

“CDB Aviation is focused on providing our airline customers with bespoke fleet solutions,” says CDB Aviation chief executive officer Jie Chen. “This partnership with Volaris highlights our ability to execute swiftly and support growth strategies with flexible lease structures.”

The delivery deepens China’s presence in Latin American aviation markets, aligning with Beijing’s broader strategic push to expand financial and infrastructure influence globally through state-linked entities.

CDB Leasing, listed on the Hong Kong Stock Exchange, plays a pivotal role in China’s international investment ecosystem, with a portfolio spanning aircraft, infrastructure, and shipping assets.

For Volaris, the fleet expansion supports route optimization and network resilience across Mexico, the United States, and South America, reinforcing its aggressive low-cost model amid rising travel demand in the region.

Headquartered in Dublin and fully owned by CDB Leasing, CDB Aviation benefits from a robust backing by China Development Bank, a policy bank under the direct control of China’s State Council.