Avolon has this week firmed up its Memorandum of Understanding made at the Paris Air Show for 20 Airbus A330neo aircraft.
It is understood that this order made at the air show will see deliveries take place between 2025 and 2028.
Without further ado, let’s get into it…
Avolon Firms Up Paris Air Show Order for 20 Airbus A330neos…
On top of the firming of this order for Airbus A330neos from the Paris Air Show, Avolon will also be converting 50 of its A320neos that it has on order to the larger A321neo aircraft.
Commenting on this was Andy Cronin, the CEO of Avolon:
“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.”
Also commenting on the firming was Christian Scherer, the Chief Commercial Officer & Head of International at Airbus:
“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.”
This is big news for the A330neo program overall, and will no doubt help in the longevity of the aircraft’s production levels going into the future.
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