08 August, 2024

CDB Aviation Delivers First of Two A320neo Aircraft to Beibu Gulf Airlines

                       CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., announced the delivery of the first of two Airbus A320-200neo aircraft on lease to a new Chinese airline customer, Nanning-based Guangxi Beibu Gulf Airlines - “GX Airlines”.


The first LEAP-1A26 engine-equipped aircraft was delivered to the HNA Group-affiliated subsidiary in July 2024, with the second aircraft anticipated to be received by the carrier in September 2024. With the addition of CDB Aviation’s two A320neos, Beibu Gulf Airlines will now have 17 A320 Family aircraft, including eleven A320s and six A320neos.

“We are delighted to strengthen our partnership with the HNA Group, while welcoming one of their subsidiary airlines as a new customer in China,” commented Jie Chen, CDB Aviation’s Chief Executive Officer. “These new technology aircraft, boasting lower fuel consumption and superior operating characteristics, will advance Beibu Gulf Airlines’ fleet growth.”

“China’s commercial aviation market demand is strong, while global aircraft resources are scarce. In this opportunity and challenge, Beibu Gulf Airlines is pleased to establish a friendly cooperative relationship with CDB Aviation,” said Li Rongkui, President of Beibu Gulf Airlines. “On the premise of continuously improving service quality, operational management capabilities, comprehensive service guarantee capabilities, as well as ensuring safety, Beibu Gulf Airlines will continue to introduce aircraft and open more routes to serve local economic development. We look forward to more cooperation with CDB Aviation in the future.”

“Our team continues to be focused on providing attractive financing solutions to carriers in all aviation markets, pursuing aircraft transactions that add versatility to our airline customers’ fleets while improving efficiency and sustainability of their networks,” added Chen.



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Guangxi Beibu Gulf Airlines Co., based in China’s only coastal autonomous region, the southwest gateway to Guangxi, is committed to promoting China’s economic development and Southeast Asia and providing the majority of travellers with the best air service, being a new force in China’s civil aviation industry.

Beibu Gulf Airlines was officially launched on February 16, 2015, which was jointly established by HNA Aviation Group and the People’s Government of Guangxi Zhuang Autonomous Region, and jointly funded by Hainan Airlines Holding Co., Ltd. and Guangxi Beitou Civil Aviation Investment Co., Ltd. On December 8, 2021, Beibu Gulf Airlines officially joined Liaoning Fangda Group.

Beibu Gulf Airlines is based at Nanning Wuxu International Airport, which is its main operating base. The airline has 28 aircraft in its fleet as of the end of July 2024, including 12 ERJ-190 and 16 Airbus A320 aircraft. With the fleet and market expansion, the company will gradually open other domestic routes and Southeast Asia International routes. Looking forward, Beibu Gulf Airlines will build its domestic and international aviation networks, covering large cities in China and Singapore, Bangkok, Hanoi, Phuket, and other ASEAN International and regional cities. https://www.gxairlines.com

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