Aircraft
Bombardier, China’s SPDB Ink Financing Deal
MOU promises to open new financing and leasing options for Bombardier's Chinese customers
China Express Airlines now flies 11 Bombardier CRJ900s. (Image: Bombardier)
China Express Airlines now flies 11 Bombardier CRJ900s. (Image: Bombardier)

Bombardier has signed a memorandum of understanding (MOU) with China’s SPDB Financial Leasing Company outlining the terms of a deal under which SPDB would supply advance payment financing, delivery financing and leasing services for commercial and business aircraft. Signed on the first day of Airshow China in Zhuhai, the deal would make available up to $500 million in capital controlled by SPDB.