Global Airport News

Global Airport News

Boeing has signed aircraft leasing agreements with two Chinese financial institutions, China Construction Bank and CDB Leasing, to tap into the country's rapidly growing aviation industry, China Business News reported on Friday.

China Development Bank is a major shareholder of CDB Leasing.

The agreement between CDB Leasing and Boeing will see the former offer up to CNY25 billion yuan (USD$3.7 billion) in financing and leasing for Boeing aircraft.