HEADLINES:
INS Kalvari commissioned into Indian Navy December 14। Prime Minister Modi ceremonially inducted the Scorpene class boat in Mumbai। Built by state-run MDL with French collaboration, Kalvari is the first submarine inducted after 2000। Modi described the Kalvari as a fine example of Make in India। Five more Kalvari Class submarines are to be commissioned over the next couple of years। India Celebrates Navy Day। India Strategic Salutes the Indian Navy। UAE decides to upgrade its fleet of Mirage 2009 combat jets। Boeing, Emirates announce commitment for 40 Boeing 787-10 aircraft worth $15 billion। Russian Helicopters signs deal for undisclosed number of Mi-17 1A2 Helicopters to India’s Vectra Group। Terror attack in New York’s Lower Manhattan kills 8 injures at least 15। An Uzbek, the terrorist mowed cyclists and pedestrians with a hired pickup truck। He was shot and captured, and notes recovered him indicated loyatly to ISIS। He is 29, came to the US in 2010, and married an Uzbek woman there। India marks 85th Indian Air Force Day। Chief of Air Staff Air Chief Marshal BS Dhanoa says IAF working towards ‘Technology Intensive’ capability। For the first time, indigenous LCA Tejas takes part in IAF Day Flypast । IAF will issue RFI for 114 single engine combat aircraft within two weeks or so । RFI will go to Lockheed Martin for F 16 and Saab for Gripen for their latest variants । IAF aims to get 18 aircraft in 4-5 years, and 96 more in progressive manufacture from then onwards । Capability will be the first parametre for selecting the aircraft, and then the price । The selected aircraft will have more capabilities than those specified in the 2007 RfP for MMRCA ।
December 15, 2017
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Boeing, CDB Aviation Lease Finance Announce Order for 30 737 MAX 8 airplanes

Both sides eye new height in the partnership
March 2017
 

DUBLIN. Boeing and CDB Aviation Lease Finance (CDB Aviation) announced an order March 13 for 30 737 MAX 8 airplanes. The order, valued at $3.3 billion at current list prices, was previously unidentified on Boeing’s Orders & Deliveries website.

Both sides agreed to take this opportunity to broaden communication and strengthen cooperation in various fields, bringing the partnership to a new level.

“Our commitment to our customers is to provide them with the most efficient and reliable products,” said Peter Chang, President and Chief Executive Officer of CDB Aviation. “The 30 Boeing 737 MAXs in our portfolio provide the competitive advantages of fuel efficiency, reliability and passenger experience they are looking for in the single-aisle airplane.”

Based in Dublin, Ireland, CDB Aviation operates as a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co LTD (CDB Leasing) (HKEX stock code:1606). With registered capital of $US50 million and a fleet of over 200 aircraft, CDB Aviation has over 10 years’ experience in the business and is one of the largest and most influential Chinese-owned aviation leasing companies.

“We are very pleased to expand our partnership with CDB Aviation with this announcement,” said Rick Anderson, vice president of Northeast Asia Sales, Boeing Commercial Airplanes. “As we work together with the new management team at CDB Aviation to address the opportunities presented in a rapidly growing market for commercial airplanes, we look forward to strengthening and growing our partnership in the very near future.”

The 737 MAX family has been designed to offer customers exceptional performance, flexibility and efficiency, with lower per-seat costs and an extended range that will open up new destinations in the single-aisle market. The 737 MAX will be 14 per cent more fuel-efficient than today’s most efficient Next-Generation 737s – and 20 per cent better than the original Next-Generation 737s when they first entered service. With broad market acceptance, the 737 MAX has more than 3,600 orders to date from 83 customers worldwide.

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