webfact Posted January 5 Share Posted January 5 Irish aircraft leasing company CDB Aviation is unleashing the power of two A330-300 aircraft into the hands of Thai Airways. Scheduled for delivery in September and October this year, these A330-300 aircraft boast an impressive long-distance range of 6,350 nautical miles, positioning Thai Airways for unrivalled success, says the company. Jie Chen, the mastermind behind the leasing deal and CEO of CDB Aviation, expressed the pivotal impact this move will have on Thai Airways. “We are delighted to be welcoming Thai Airways to our growing Asian Pacific customer base.” These widebody wonders are set to fortify Thai Airways’ foothold across key intra-Asian markets, offering the extra capacity required to meet the surging travel demand during high seasons, said Jie. by Puntid Tantivangphaisal Photo courtesy of Airport Technology Full story: The Thaiger 2024-01-05 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe 1 1 Link to comment Share on other sites More sharing options...
Popular Post HauptmannUK Posted January 5 Popular Post Share Posted January 5 Irish firm? Yes, they have an office in Dublin (as well as other cities around the globe) but CDB = China Development Bank. 2 1 Link to comment Share on other sites More sharing options...
Popular Post stupidfarang Posted January 5 Popular Post Share Posted January 5 10 minutes ago, HauptmannUK said: Irish firm? Yes, they have an office in Dublin (as well as other cities around the globe) but CDB = China Development Bank. Ireland is the leading country for tax benifits for aircraft leasing companies. Their office may only be a post box within a building but can save them a fortune in world wide tax 3 1 Link to comment Share on other sites More sharing options...
Popular Post stag4 Posted January 6 Popular Post Share Posted January 6 Hope they use one to restart the Perth to Bangkok route 2 1 Link to comment Share on other sites More sharing options...
cracker1 Posted January 6 Share Posted January 6 2 hours ago, stag4 said: Hope they use one to restart the Perth to Bangkok route And Thailand New Zealand direct ! 1 Link to comment Share on other sites More sharing options...
dundas Posted January 6 Share Posted January 6 They've been dropping hints about 'new routes' on Australian social media. So maybe Perth and NZ will be back. 1 Link to comment Share on other sites More sharing options...
gedster Posted January 6 Share Posted January 6 5 hours ago, stag4 said: Hope they use one to restart the Perth to Bangkok route I just booked direct flights Perth to Bangkok with Jetstar for September school holidays. Less than $600 return. I think that it is on the new Airbus A321 Neo. Link to comment Share on other sites More sharing options...
RubbaJohnny Posted January 6 Share Posted January 6 21 hours ago, stupidfarang said: Ireland is the leading country for tax benifits for aircraft leasing companies. Their office may only be a post box within a building but can save them a fortune in world wide tax CDB Aviation Lease Finance Designated Activity Company (“CDB Aviation”) is investment grade rated by the major global credit rating agencies. S&P Global Ratings assigned its ‘A’ long-term issuer credit rating with outlook stable. Fitch Ratings assigned its long-term Issuer Default Rating (IDR) of ‘A+’ with outlook stable. Moody’s Investors Service assigned its ‘A2’ local currency and foreign currency issuer ratings with outlook stable. CDB Aviation is a wholly-owned by China Development Bank Financial Leasing Co. Ltd., a 30-plus-year-old leasing company listed on the Hong Kong Stock Exchange (HKEX stock code: 1606). Our parent company is the dedicated leasing arm of China Development Bank and enjoys the Chinese quasi sovereign credit rating (A1 / A / A+), one of the highest international credit ratings among Chinese financial institutions and the highest rating among all aviation lessors. Under the direct jurisdiction of the State Council of China, China Development Bank is China’s largest policy bank and one of the world’s largest institutions supporting domestic and foreign infrastructure projects. China Development Bank is one of three Chinese policy banks. Link to comment Share on other sites More sharing options...
khunjeff Posted January 6 Share Posted January 6 Prior to reorganization, Thai Airways had many A330s in its fleet, but decided to stop using them. What has changed? Link to comment Share on other sites More sharing options...
stupidfarang Posted January 6 Share Posted January 6 3 hours ago, RubbaJohnny said: CDB Aviation Lease Finance Designated Activity Company (“CDB Aviation”) is investment grade rated by the major global credit rating agencies. S&P Global Ratings assigned its ‘A’ long-term issuer credit rating with outlook stable. Fitch Ratings assigned its long-term Issuer Default Rating (IDR) of ‘A+’ with outlook stable. Moody’s Investors Service assigned its ‘A2’ local currency and foreign currency issuer ratings with outlook stable. CDB Aviation is a wholly-owned by China Development Bank Financial Leasing Co. Ltd., a 30-plus-year-old leasing company listed on the Hong Kong Stock Exchange (HKEX stock code: 1606). Our parent company is the dedicated leasing arm of China Development Bank and enjoys the Chinese quasi sovereign credit rating (A1 / A / A+), one of the highest international credit ratings among Chinese financial institutions and the highest rating among all aviation lessors. Under the direct jurisdiction of the State Council of China, China Development Bank is China’s largest policy bank and one of the world’s largest institutions supporting domestic and foreign infrastructure projects. China Development Bank is one of three Chinese policy banks. Your point is? A very simple search shows CDB Aviation is incorperated in Ireland. Link to comment Share on other sites More sharing options...
paddypower Posted January 7 Share Posted January 7 On 1/5/2024 at 3:55 PM, HauptmannUK said: Irish firm? Yes, they have an office in Dublin (as well as other cities around the globe) but CDB = China Development Bank. Hope they're a Lot safer than the BYD rocketships 😂 Link to comment Share on other sites More sharing options...
herfiehandbag Posted January 7 Share Posted January 7 On 1/6/2024 at 7:22 AM, stag4 said: Hope they use one to restart the Perth to Bangkok route I wouldn't have thought they would have needed that many seats for Dublin - Bangkok! Still, with a classic Hibernian name like "Jie Chen" he should know! Link to comment Share on other sites More sharing options...
MangoKorat Posted January 7 Share Posted January 7 Have they run a credit check on Thai Airways? Link to comment Share on other sites More sharing options...
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