CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited ("CDB Leasing"), today announced that the company entered into a lease agreement with Palma de Mallorca-based Evelop Airlines ("Evelop"), covering one Airbus A330-300 aircraft.

"We are pleased to welcome our new customer, Evelop Airlines, to CDB Aviation's rapidly expanding European customer base," said CDB Aviation Chief Commercial Officer Patrick Hannigan. "This widebody aircraft will bolster the airline's fleet as it continues its ambitious growth and expansion of its flight network connecting European passengers to destinations in the Caribbean."

"Evelop is delighted to have entered into this dry operating lease agreement with CDB Aviation for its 6th aircraft, with this particular aircraft being our 5th widebody. CDB Aviation has been a very comprehensive lessor, understanding the needs of our airline and having worked very closely with our team in order to build a win-win transaction for both parties. We expect that this becomes the start of a long-term relationship between the two companies," commented Evelop Chief Financial Officer Fabián Hernánde.

This latest transaction demonstrates CDB Aviation's stalwart commitment to building and cultivating relationships with airlines in all key markets around the world. Hannigan concluded: "As our platform expands globally, we continue to deliver a full suite of operating lessor products that meet wide-ranging customer needs and ensure growth with access to a diverse fleet and attractive near-term delivery positions for new technology aircraft."

Contributed by CDB Aviation