CDB Aviation Joins Heart Aerospace's Advisory Board to Advance Hybrid-Electric Aircraft Development

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today that the lessor has joined leading lessors, airlines and airports on Heart Aerospace’s Industry Advisory Board, which together aim to advance the development of hybrid-electric regional aviation with the ES-30.

Patrick Hannigan, Chief Executive Officer of CDB Aviation, commented on the lessor’s role on the Advisory Board, emphasizing that ” CDB Aviation is committed to building a sustainable future for aviation. That is why we are so pleased to lend our support to Heart Aerospace’s bold vision for hybrid/electric aviation. The 30-seat Heart ES-30 has the potential to replace current generation regional aircraft with zero emissions hybrid technology within this decade. We look forward to working with Heart Aerospace and its Industry Advisory Group partners to help shape an exciting and investor-friendly sustainable future for regional aviation.”

On September 15, Swedish OEM, Heart Aerospace, unveiled a new Industry Advisory Board for its first electric airplane, the ES-30. This regional aircraft, with seating capacity for 30 passengers, will be powered by a combination of #electricpower and Sustainable Aviation Fuel (#SAF). The ES-30 will have a fully electric, zero-emissions range of 200 km with the flexibility of up to 800 km as a hybrid.