Avolon, an aircraft leasing company, has placed firm orders for 110 Airbus aircraft.
The order comprises 35 Airbus A330-900 aircraft and 75 A320neo Family aircraft. This brings Avolon’s total orders to 114 Airbus A330-900 aircraft and approximately 650 Airbus A320 Family aircraft.
Andy Cronin, Chief Executive Officer of Avolon, commented: “We continue to see strong demand for new aircraft, and this order further strengthens our long-term delivery pipeline. It positions us to support our airline customers’ fleet growth and replacement needs over the coming decade. Given the long-term growth trajectory of the aviation industry, we expect demand for both the Airbus A330neo and Airbus A320neo to remain robust, and we are delighted to further expand our long-standing partnership with Airbus through this agreement.”
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