RE: Ryanair unfazed by Wizz Air’s regional expansion26 Aug 2025 20:41
Wizz Air uses multiple leasing companies for its fleet, including CDB Aviation, Air Lease Corporation (ALC), and Genesis, and has also partnered with other financial entities like CCB Financial Leasing and ABL Aviation. The airline engages in sale-and-leaseback agreements with lessors for new aircraft, diversifying its financing options.
Key Leasing Companies & Partners
CDB Aviation:
A subsidiary of China Development Bank Financial Leasing Co., Limited, CDB Aviation has engaged in sale-and-leaseback transactions for Wizz Air's Airbus A321neo aircraft.
Air Lease Corporation (ALC):
This was one of Wizz Air's first leasing partners, involved in leasing an Airbus A320 to the airline.
Genesis:
This Dublin-based company has also acquired aircraft on lease to Wizz Air, expanding their partnership.
CCB Financial Leasing:
Wizz Air signed its first large lease agreement with CCB Financial Leasing for Airbus A321ceo aircraft in 2015.
ABL Aviation:
In 2023, Wizz Air received a JOLCO-funded A321neo from ABL Aviation.
Other arrangements:
Wizz Air also uses other forms of financing, including a European Mid Term Note (EMTN) Programme and has entered into wet-leasing contracts, such as one with SkyUp.