Tag: Avolon

Lessor orderbooks to be in high demand as supply shortage of aircraft continues

The value of new aircraft deliveries is expected to rise by over 15% to c.US$100 billion in 2024, according to a paper published today by Avolon, a leading global aviation finance company. The delivery of over 1,450 new large commercial aircraft will help drive airlines’ passenger revenues up 1...

Transavia France takes delivery of its first A320neo

Transavia France takes delivery of its first A320neo

Aviation finance company Avolon has completed the delivery of the first Airbus 320neo for Transavia France’s fleet, as part of a leasing agreement with the low-cost subsidiary of the Air France-KLM Group. The delivery was celebrated today at a ceremony at the Airbus Delivery Centre in Toulouse....

Boeing and Avolon agree on new order for 40 737 MAX jets

Boeing and Avolon have announced today that the Ireland-based lessor intends to purchase 40 more 737-8 aircraft to expand its 737 MAX portfolio – consisting of 737-8 and 737-10 variants – to more than 110 jets. The new order is subject to shareholder approval by Bohai Leasing, Avolon's main sha...

Avolon delivers 5 A320neos to flynas

Avolon has completed the delivery of 5 new Airbus A320neos to the Middle Eastern low-cost carrier, flynas. The fifth aircraft departed from Airbus’ delivery centre in Toulouse last week, completing a sale and leaseback transaction for the aircraft agreed in May 2022. The A320neo is the world’s b...

Avolon agrees sale and leaseback of nine Airbus A320neo family aircraft with the Cathay Group

Avolon, a leading global aviation finance company, has agreed the sale and leaseback of nine new Airbus A320neo family aircraft with the Cathay Group, a leading Asian airline group. The aircraft are scheduled for delivery in 2026 and 2027 and the transaction comprises a mix of A321neos and A320ne...

Avolon Agrees Memorandum of Understanding to Order 20 Airbus A330neo Aircraft

Avolon, the international aircraft leasing company, has today signed a memorandum of understanding with Airbus at the Paris Air Show to order 20 Airbus A330neo aircraft. The new aircraft are scheduled to be delivered between 2026 and 2028. Avolon was a launch customer for the A330neo programme in...

Avolon Agrees Sale and Leaseback For 10 Embraer E195-E2s With Porter Airlines

Avolon, the international aircraft leasing company, has signed a sale and leaseback agreement with Porter Airlines (‘Porter’) for 10 new Embraer E195-E2 aircraft, with a list price value of US$841 million. The new aircraft will support Porter’s expansion of routes within Canada and further int...

Boeing, Avolon Announce Order for 40 737 MAX Jets

Boeing and Avolon, the international aircraft leasing company, today announced an order for 40 737 MAX airplanes at the Paris Air Show. "Today's announcement reaffirms our long-standing partnership with Boeing and our support for their 737 MAX program," said Andy Cronin, CEO, Avolon. "We are ...

Avolon Supports Salamair Fleet Expansion with Agreement to Lease Three Airbus A330neos

Avolon, the international aircraft leasing company, has announced a firm commitment to lease three Airbus A330neo aircraft to SalamAir, Oman’s value-for-money airline. A letter of intent was signed at the Paris Air Show on 19 June 2023, and the first delivery is expected to be in October 2023. ...

Avolon Announces Extension and Upsizing of Term Loan B Facility to US$1.7 Billion

Avolon Holdings Limited, the international aircraft leasing company, announces the extension of the TLB-3 tranche of its senior secured US$2.92 billion Term Loan B facility (the ‘Facility’). The TLB-3 tranche has been extended from January 2025 to June 2028 through a new TLB-6 tranche and ups...

AviLease purchases 13 aircraft from leading aircraft lessor Avolon

AviLease, the rapidly expanding global aircraft lessor fully owned by PIF, has announced the acquisition of 13 aircraft from international aircraft leasing company Avolon. The transaction sees AviLease purchase both narrow and wide-body aircraft, including seven Airbus A320neos, two A330neos and ...

Avolon Delivers 100TH Airbus A320neo To Cebu Pacific

Avolon, the international aircraft leasing company, announces it has completed the delivery of its 100th Airbus A320neo. The delivery to Cebu Pacific is the second A320neo delivery under an agreement made earlier this year for the Philippines low-cost carrier to lease three new A320neos. The t...

Avolon commits to ordering 40 Boeing 737 MAX Aircraft

- Aircraft valued at over $4 billion at current list price - Delivery scheduled between 2027 and 2030 Avolon, the international aircraft leasing company, announces a commitment to order 40 Boeing 737 MAX aircraft. The aircraft are scheduled for delivery between 2027 and 2030; and are valued at o...

AVOLON delivers 15 AIRBUS A320neo AIRCRAFT to Vistara

Avolon, the international aircraft leasing company, announces it has completed the delivery of 15 A320neo aircraft to Vistara, a joint venture of Tata Group and Singapore Airlines. Paul Geaney, President and Chief Commercial Officer, Avolon commented: “We are delighted to have completed this de...

AVOLON Delivers First A320neos to ITA airways

Avolon, the international aircraft leasing company, has delivered 3 new Airbus A320-200neos to ITA Airways. A further 2 aircraft will be delivered later in the year, supporting ITA Airway’s target for its portfolio to comprise 80% new generation fuel efficient aircraft by 2026. The newly del...

.