Andy Cronin, CEO, Avolon said, “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.”
Christian Scherer, Chief Commercial Officer and Head of International, Airbus said, “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 order for 20 A330neo aircraft further solidifies Avolon’s position in the aviation finance sector and reflects the company’s confidence in the future of widebody aircraft, particularly those offering enhanced fuel efficiency and operational capabilities.