Avolon will order 100 A321neo aircraft and 40 737 MAX aircraft. The aircraft are scheduled for delivery out to 2032.
Avolon has added 200 new technology aircraft to its orderbook this year direct from OEMs, building on previous orders for 20 A330neos in September and 40 737 MAXs. The orderbook expansion increases Avolon’s owned, managed and committed fleet from 897 at September 30 2023 to 1037 aircraft.
“Today’s orders strengthen our delivery pipeline and reflect our confidence in the long-term outlook for aviation,” said Andy Cronin, CEO of Avolon. “We have committed to direct orders for 200 new, fuel-efficient aircraft this year, supporting the transformation of our fleet to lower emissions aircraft. The scale of our orderbook reflects the strength of Avolon’s balance sheet, our proven ability to execute swiftly, and the longstanding relationships we have with both Airbus and Boeing.”
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