Dragon Aviation Leasing: Delivery of Four New B737-800 Aircraft Leased to China Eastern Airlines and Co-leased to China United Airlines

Seattle, December 22, 2014 – Dragon Aviation Leasing today announced that in the past week it took delivery of four Boeing 737-800 in Seattle.

These four aircraft are the first aircraft of the purchase order signed with Boeing in 2013.

The aircraft are leased to China Eastern and co-leased to China United Airlines and are the first four of eight aircraft to be leased to China Eastern.

The purchase of the Aircraft was funded with financing organized by, in chronological order, 1) DVB Bank SE, Landesbank Hessen-Thüringen Girozentrale and CTBC Bank Co., Ltd.; 2) Natixis; 3) Norddeutsche Landesbank Girozentrale; 4) Deutsche Bank AG.

Dragon wad advised by MM.Clifford Chance, Latham, Mattheson, Runming Law offices.

“Dragon is delighted to have completed this landmark transaction with the China Eastern group, one of the global leaders of the airline industry and surely one of our most prestigious customers,” said Dragon Aviation Partners’ CEO Jean-Louis Chevrot. “This transaction provides Dragon with an attractive opportunity to expand our portfolio with the most in-demand, new technology aircraft and to place them on long-term leases to one of the world’s leading airlines, with the support of leading honorable financial institutions.”

Dragon Aviation Leasing was established in 2006 ad is a joint venture between China Aviation Supplies Holding Company, AerCap, CACIB AirFinance and East Epoch Limited.