NORWEGIAN and CCBLI (China Construction Bank) are forming 30%/70% joint venture

Stephen Costley October 25, 2019
NORWEGIAN and CCBLI (China Construction Bank) are forming 30%/70% joint venture to finance/own/lease aircraft ordered by Norwegian, initially 27 A320neos for 2020-2023 that will reduce Norwegian's committed capital expenditures by US$1.5b.
Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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