CDB Aviation announced the signing of a new agreement with Mexico’s number one airline, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris”), for the sale and leaseback of four new Airbus A320neo aircraft. The aircraft, two of which are scheduled to deliver to Volaris by October 2021, with the remaining two expected to arrive by May 2022, are leased on a long-term basis, bringing the total of CDB Aviation aircraft on lease to the carrier to 6. The neos will support the optimization of the carrier’s fleet plan as it targets to reinforce its low-unit cost operating model to meet post-COVID-19 traffic requirements in alignment with the company’s sustainability strategy. The fuel-efficient, new technology aircraft will be deployed primarily to strengthen Volaris’ leadership position in the Mexican domestic market, enabling the airline to seize opportunities as vaccination programs gain momentum and confidence in air travel accelerates.