{"id":386919,"date":"2020-11-23T10:03:32","date_gmt":"2020-11-23T15:03:32","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=386919"},"modified":"2020-11-23T10:03:32","modified_gmt":"2020-11-23T15:03:32","slug":"cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\/","title":{"rendered":"CDB Aviation Brings Next Generation A330 P2F Freighter to Market"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>CDB Aviation Brings Next Generation A330 P2F Freighter to Market <\/b><\/p>\n<p class=\"bwalignc\"><b><i>Lessor\u2019s A330s Converted in Partnership with EFW Will Offer 23% More Volume than Previous Freighter Types and Will Be Available for Lease from Early 2022 <\/i><\/b><\/p>\n<p>DUBLIN&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (\u201cCDB Leasing\u201d), announced today a new partnership with Germany-based EFW GmbH (\u201cEFW\u201d) to conduct the Passenger-to-Freighter (\u201cP2F\u201d) conversion of two Airbus A330-300 aircraft in 2021, which will be available for lease to airline customers from early 2022.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20201123005989\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201123005989\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201123005989\/en\/839641\/4\/CDB_Aviation_A330-300P2F.jpg\" alt=\"CDB Aviation is bringing the next generation Airbus A330 P2F freighter to the market with 23% more cargo volume than older freighters aircraft types, which will be available for lease to airline customers beginning in early 2022. (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">CDB Aviation is bringing the next generation Airbus A330 P2F freighter to the market with 23% more cargo volume than older freighters aircraft types, which will be available for lease to airline customers beginning in early 2022. (Photo: Business Wire)<\/p>\n<\/div>\n<p>\nThe A330-300 P2F conversion program marks CDB Aviation\u2019s first entry into freighter conversion, advancing the lessor\u2019s strategic efforts to deliver ever-more customized fleet solutions to customers, while tapping the long-term growth potential of the medium widebody freighter market. The A330 P2Fs are part of the existing fleet of 228 aircraft, in addition to the lessor\u2019s further commitments for 150 in-demand, next-generation technology aircraft.\n<\/p>\n<p>\n\u201cWe are seeing an increasing interest from our customers for medium-sized freighters, as they look to take advantage of record-high freighter utilization, rapidly growing e-commerce demand, and higher cargo yields,\u201d elaborated CDB Aviation Chief Executive Officer Patrick Hannigan. \u201cWe look forward to working with EFW on converting our highly efficient A330-300 aircraft into the next generation of medium widebody freighters that our customers can use to meet the burgeoning international and regional air freight demand.\u201d\n<\/p>\n<p>\nThe medium widebody freighter segment is today comprised of over 600 aircraft, served primarily by aging twin-jet aircraft, such as the Boeing 767F and Airbus A300F, which have an average age of 22 years. The A330-300 P2F will bring next generation technology and efficiency to this segment. With growing express cargo demand and declining cargo densities, the A330-300 P2F offers more volumetric space than older freighters in this category, in line with what cargo operators and freight forwarders are seeking.\n<\/p>\n<p>\n\u201cWith 12,000 Airbus cockpit aircraft in service, the A330-300 P2F will seamlessly slot into the fleets of A320 Family, A330, and A350 operators, and will bring a new paradigm of efficiency with 23% more cargo volume,\u201d expanded Hannigan.\n<\/p>\n<p>\n\u201cWe are very excited to have CDB Aviation on board for investing in A330P2F Airbus converted freighters,\u201d said Dr. Andreas Sperl, Chief Executive Officer of EFW. \u201cWe look forward to a prosperous long-term relationship and to support the fleet growth in this promising market segment.\u201d\n<\/p>\n<p>\n\u201cAs a major lessor of passenger A330s, it is a natural evolution of our portfolio to be able to offer our customers the A330-300 P2F. Our belief is that the A330-300 P2F is the exact type of medium widebody aircraft that airlines and cargo operators require to meet cargo demand near-term and into the future,\u201d concluded Hannigan.\n<\/p>\n<p><b>About EFW<\/b><\/p>\n<p><span style=\"font-weight:normal\">Elbe Flugzeugwerke GmbH (\u201cEFW\u201d), joint venture between ST Engineering and Airbus combines various aviation and technology activities under a single roof: development and manufacturing of fibre-reinforced composite components for aircraft structures and interiors of the entire Airbus family, the conversion of passenger aircraft into freighter configuration, maintenance and repair of Airbus aircraft as well as engineering services in the context of certification and approval. The company has a workforce of about 1,600 employees and achieved revenues of approximately \u20ac300 million in 2019. With over 20 years of experience and more than 40 conversion customers worldwide, thereof the largest Express carriers in North America and Europe but also renowned General Freight and Combination Carriers, EFW is the Centre of Excellence for freighter conversions and driving the development of the Airbus freighter family. For more information about EFW, please visit <\/span><b><span class=\"bwuline\"><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.efw.aero&amp;esheet=52330320&amp;newsitemid=20201123005989&amp;lan=en-US&amp;anchor=www.efw.aero&amp;index=1&amp;md5=3957c4b3b888e5c1d8a1d17040e5a620\">www.efw.aero<\/a><\/span><\/b><span style=\"font-weight:normal\">.<\/span><\/p>\n<p><b>About CDB Aviation<\/b><\/p>\n<p><span style=\"font-weight:normal\">CDB Aviation is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (\u201cCDB Leasing\u201d), a 35-year-old Chinese leasing company that is backed mainly by the China Development Bank. CDB Aviation is rated Investment Grade by Moody\u2019s (A1), S&amp;P Global (A), and Fitch (A+). China Development Bank is under the direct jurisdiction of the State Council of China and is the world\u2019s largest development finance institution. It is also the largest Chinese bank for foreign investment and financing cooperation, long-term lending and bond issuance, enjoying Chinese sovereign credit rating.<\/span><\/p>\n<p><span style=\"font-weight:normal\">CDB Leasing is the only leasing arm of the China Development Bank and a leading company in China\u2019s leasing industry that has been engaged in aircraft, infrastructure, ship, commercial vehicle and construction machinery leasing and enjoys a Chinese sovereign credit rating. It took an important step in July 2016 to globalize and marketize its business \u2013 listing on the Hong Kong Stock Exchange (HKEX STOCK CODE: 1606). <\/span><b><span class=\"bwuline\"><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.CDBAviation.aero&amp;esheet=52330320&amp;newsitemid=20201123005989&amp;lan=en-US&amp;anchor=www.CDBAviation.aero&amp;index=2&amp;md5=e5cfb9180682c8126ca5d010cadb7c6f\">www.CDBAviation.aero<\/a><\/span><\/b><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201123005989r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201123005989\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201123005989\/en\/<\/a><\/span><\/p>\n<p>\nMedia contact: Paul Thibeau<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Paul.THIBEAU@CDBAviation.aero\">Paul.THIBEAU@CDBAviation.aero<\/a>; +1 612 594 9844\n<\/p>\n<p><b>KEYWORDS:<\/b> Ireland Europe Germany<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Air Transport Professional Services Aerospace Manufacturing Other Travel Transportation Logistics\/Supply Chain Management Travel<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201123005989\/en\/636058\/3\/CDB-Aviation-logo---low-res-white-background.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201123005989\/en\/839641\/3\/CDB_Aviation_A330-300P2F.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">CDB Aviation is bringing the next generation Airbus A330 P2F freighter to the market with 23% more cargo volume than older freighters aircraft types, which will be available for lease to airline customers beginning in early 2022. (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>CDB Aviation Brings Next Generation A330 P2F Freighter to Market Lessor\u2019s A330s Converted in Partnership with EFW Will Offer 23% More Volume than Previous Freighter Types and Will Be Available for Lease from Early 2022 DUBLIN&#8211;(BUSINESS WIRE)&#8211; CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (\u201cCDB Leasing\u201d), announced today a new partnership with Germany-based EFW GmbH (\u201cEFW\u201d) to conduct the Passenger-to-Freighter (\u201cP2F\u201d) conversion of two Airbus A330-300 aircraft in 2021, which will be available for lease to airline customers from early 2022. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201123005989\/en\/ CDB Aviation is bringing the next generation Airbus A330 P2F freighter to the market with 23% more cargo volume than &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CDB Aviation Brings Next Generation A330 P2F Freighter to Market&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-386919","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CDB Aviation Brings Next Generation A330 P2F Freighter to Market - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDB Aviation Brings Next Generation A330 P2F Freighter to Market - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CDB Aviation Brings Next Generation A330 P2F Freighter to Market Lessor\u2019s A330s Converted in Partnership with EFW Will Offer 23% More Volume than Previous Freighter Types and Will Be Available for Lease from Early 2022 DUBLIN&#8211;(BUSINESS WIRE)&#8211; CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (\u201cCDB Leasing\u201d), announced today a new partnership with Germany-based EFW GmbH (\u201cEFW\u201d) to conduct the Passenger-to-Freighter (\u201cP2F\u201d) conversion of two Airbus A330-300 aircraft in 2021, which will be available for lease to airline customers from early 2022. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201123005989\/en\/ CDB Aviation is bringing the next generation Airbus A330 P2F freighter to the market with 23% more cargo volume than &hellip; Continue reading &quot;CDB Aviation Brings Next Generation A330 P2F Freighter to Market&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-23T15:03:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20201123005989\/en\/839641\/4\/CDB_Aviation_A330-300P2F.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CDB Aviation Brings Next Generation A330 P2F Freighter to Market\",\"datePublished\":\"2020-11-23T15:03:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\\\/\"},\"wordCount\":921,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20201123005989\\\/en\\\/839641\\\/4\\\/CDB_Aviation_A330-300P2F.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\\\/\",\"name\":\"CDB Aviation Brings Next Generation A330 P2F Freighter to Market - 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201123005989\/en\/ CDB Aviation is bringing the next generation Airbus A330 P2F freighter to the market with 23% more cargo volume than &hellip; Continue reading \"CDB Aviation Brings Next Generation A330 P2F Freighter to Market\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-23T15:03:32+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20201123005989\/en\/839641\/4\/CDB_Aviation_A330-300P2F.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CDB Aviation Brings Next Generation A330 P2F Freighter to Market","datePublished":"2020-11-23T15:03:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\/"},"wordCount":921,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20201123005989\/en\/839641\/4\/CDB_Aviation_A330-300P2F.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cdb-aviation-brings-next-generation-a330-p2f-freighter-to-market\/","name":"CDB Aviation Brings Next Generation A330 P2F Freighter to Market - 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