Clifford Chance

Clifford Chance has advised CDB Aviation on a long-term lease of a Boeing 737-800 aircraft to NordStar Airlines

Clifford Chance has advised CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”) on a long-term lease of a Boeing 737-800 aircraft to a new customer in Russia, Joint-stock company NordStar Airlines. NordStar Airlines belongs to PJSC MMC Norilsk Nickel group of companies. The 737-800 aircraft was delivered to the carrier in Ostrava, Czech Republic on July 31, and is expected to support the carrier’s expanding operations between Russian cities and the neighbouring regions within the Russian Federation and foreign countries.

The Clifford Chance team was led by partner Victoria Bortkevicha (Moscow), supported by senior associate Vadim Turtsev (Moscow).