CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), announced the delivery of the last of 10 Airbus A320-200 aircraft to Indonesia’s newest low-cost airline, Super Air Jet (SAJ).
The aircraft were delivered to the carrier over a period of 18 months and are meant to support the development of Super Air Jet as a leading airline supporting the growth of domestic traffic in fast growing Indonesia as the region’s market continues to recover from the pandemic.
“We are pleased to have been part of the launch of Super Air Jet as they eye further growth in their share of Indonesia’s domestic market, expanding their low-fare route network and connecting all key regions of the country,” said CDB Aviation Head of Commercial, Asia Pacific Ryan Barrett.
Peter Goodman, CDB Aviation’s Chief Marketing Officer, emphasised that the deepening of our relationship with SAJ further advances our support for their ambitious roadmap development. SAJ’s growth prospects in Indonesia are very promising. Our team’s prerogative was to provide the most attractive financing terms and the right scale of leased aircraft to aptly support SAJ’s growth trajectory and low-unit cost operating model for the foreseeable future,” added Goodman.
SAJ is an Indonesian airline headquartered in Jakarta. The airline has adopted a low-cost carrier model that focuses on point-to-point journeys between islands in Indonesia, with the new generation as a target market. SAJ promises high connectivity, reliability, and reasonably priced transportation over its wide route network.
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