Airbus has scored another MoU at the 2023 Paris Airshow, with leading aircraft lessor Avolon continuing to splash the cash.
An intention to order surrounds the A330-900, part of the A330neo series and involves 20 total units. As such, this commitment boosts the program, which has seen droughts for orders throughout its period in the industry.
We have been a strong supporter of the A330neo programme since its launch and with our existing widebody orderbook fully placed we are now locking in future growth in a supply constrained environment. Our expanded delivery pipeline allows us to offer our customers the A330neo’s range and reduced emissions to support their evolving fleet needs. Our recent aircraft orders and commitments reflect our confidence in the long-term growth trajectory of the aviation sector, which is outlined in our recent World Fleet Forecast projecting that the global passenger fleet will almost double by 2042.
Andy Cronin, Avolon CEO
Avolon has spent big at the 2023 Paris Airshow with commitments for Airbus and Boeing aircraft and reaffirms its position as a growing and leading lessor providing solutions to customers.
Airbus says they are pleased to see Avolon returning as a customer and think that acquiring the A330neo for their portfolio will benefit their final destinations regarding replacing existing units, which Airbus claims is a big part of recent orders.
