China aircraft lessor places order for 50 Boeing 737 MAX jets
China Development Bank Financial Leasing has announced its plan to order 50 Boeing 737 MAX 8 jets, providing a much-needed boost to the aircraft manufacturer. This order marks the largest by a Chinese customer since China Southern Airlines placed a similar order in 2015. The deliveries of the planes are scheduled between 2028 and 2031, indicating a positive trend in Boeing’s deliveries to China after facing challenges in recent years.
In addition to the Boeing order, China Development Bank Financial Leasing also recently announced the purchase of 80 Airbus A320neo planes, further expanding its fleet of next-generation aircraft. This comes at a time when Boeing is experiencing a strike by over 30,000 factory workers, leading to a temporary suspension of production for its popular MAX aircraft. Despite the strike, Boeing remains committed to fulfilling its orders and meeting the demands of its customers.
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.