CDB Leasing takes tight pricing approach, meets goals globalcapital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcapital.com Daily Mail and Mail on Sunday newspapers.
Turkmenistan Airlines has ordered two Airbus A330-200 Passenger-To-Freighter converted aircraft, becoming a new Airbus customer.
The aircraft will be delivered in 2020.
A330P2F program is a collaboration between ST Engineering Aerospace, Airbus and Elbe Flugzeugwerke GmbH (EFW).
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co. Limited, entered into a new partnership with Elbe Flugzeugwerke GmbH to conduct the Passenger-to-Freighter (“P2F”) conversion of two Airbus A330-300 aircraft in 2021, which will be available for lease to airline customers from early 2022.
The A330-300 P2F conversion program marks CDB Aviation’s first entry into freighter conversion, advancing the lessor’s strategic efforts to deliver ever-more customized fleet solutions to customers, while tapping the long-term growth potential of the medium wide body freighter market. The A330 P2Fs are part of the existing fleet of 228 aircraft, in addition to the lessor
By Addison Gong
11 Jan 2021
In this round-up, consumer inflation in China turns positive in December, Beijing announces rules to protect Chinese companies from sanctions of foreign governments, and the banking and insurance regulator hands a Rmb200m ($30.1m) fine to financial institutions including China Development Bank and Industrial and Commercial Bank of China.
China’s December Consumer Price Index (CPI) rose 0.2% year-on-year, taking the 2020 full year CPI growth to 2.5%, data released by the National Bureau of Statistics on Monday morning showed. The Producer Price Index (PPI) slid 0.4% last month.
The recovery in inflation last month was largely thanks to a rebound in food prices 8.5% month-on-month for fresh vegetables and 6.5% for pork and a monthly rise of 5.1% in fuel prices, noted Commonwealth Bank of Australia’s China economist, Kevin Xie, in a Monday note. Xie expects the annual CPI growth to fall to 1% in 2021 from 2.5% in 2020.