Boeing, CDB Aviation finalize order for 737 MAXs, 787 Dreamliners

Boeing [NYSE: BA] and CDB Aviation have finalized an order for 42 737 MAX 8s, 10 737 MAX 10s and eight 787-9 Dreamliners, the companies said.

The order, valued at USD 7.4 billion at current list prices, was announced as a Memorandum of Understanding (MOU) at the 2017 Paris Air Show. The order includes a conversion of six 737 MAX 8 orders, to the 737 MAX 10.

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) and features a committed fleet of over 300 aircraft.

The 737 MAX family is the fastest-selling airplane in Boeing history with over 4,000 orders from 93 customers worldwide. Boeing has delivered more than 30 737 MAX airplanes this year.

CDB Aviation Lease Finance DAC (CDB Aviation) is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing) a 33-year-old Chinese leasing company that is backed mainly by the China Development Bank.