Leading aircraft lessor Avolon has announced it has firmed an order for 20 Airbus A330neos.
Additionally, it has converted 50 A320neos on its order book to the larger A321neo.
The Irish-based lessor is hugely vital to the global flying fleet and routinely places orders with manufacturers such as Airbus with the vision to provide these jets to its customers located around the globe.
We see a high level of widebody demand within the delivery window for these aircraft. With our existing widebody pipeline already placed, these new aircraft will support our future growth plans and allow us to provide options for carriers looking to replace older A330ceo aircraft with the more fuel efficient A330neo. The order builds on our strong relationship with Airbus as a launch customer for the A330neo, and our position as the leading lessor for this aircraft type.Andy Cronin, CEO of Avolon,
The -900 has specifically been selected from the A330neo program, which continues to be the leading variant over the -800, which lacks interest and orders.
As per the lessor, the new aircraft are slated to be delivered between 2025 and 2028.
It’s fantastic to see Avolon once again commit additional investment in the A330neo aircraft and lead the lessor market reordering widebody aircraft. Avolon’s vision and timing could not be better with this commitment for a further 20 aircraft to its portfolio. Avolon will benefit from the strong wave of growth and replacements that we currently observe across all markets, and we welcome our continuing partnership with them.Christian Scherer, Chief Commercial Officer and Head of International at Airbus