Jun 19, 2017: Boeing, an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, and satellites and CDB Aviation Lease Finance (CDB Aviation) signed a Memorandum of Understanding (MOU) valued at $7.4 billion at list prices for 42 737 MAX 8s, 10 737 MAX 10s and eight 787-9 Dreamliners during the 2017 Paris Air Show held from June 19-25.
CDB Aviation will become one of the launch customers for the 737 MAX 10, the latest member of Boeing's 737 MAX family. The agreement includes the conversion of six 737 MAX 8 orders to the new 737 MAX 10s by the lessor from a previous order.
The agreement will be reflected on the Boeing Orders and Deliveries website once finalized.
"Our new vision is to propel CDB Aviation into a formidable global aviation leasing platform," said Peter Chang, president and chief executive officer, CDB Aviation. "The 737 MAX, the fastest-selling airplane in Boeing history, and the cutting-edge 787 Dreamliner will play a key role in bolstering our fleet and advancing our global market presence to fulfill the vision."
"We are honored to bring our enduring partnership with CDB Aviation to a new level, with the new commitment for additional Boeing single-aisle and widebody airplanes to meet the needs of their customers," said Boeing Commercial Airplanes President & CEO Kevin McAllister. "This further demonstrates the popularity of our latest, fuel efficient 737 MAX and 787 airplane models."