Avolon Places Firm Order for 90 More Airbus Aircraft

Avolon, a leading global aviation finance company, has placed an order for 90 Airbus aircraft, comprising 15 A330neo and 75 A321neo. This incremental order brings Avolon’s total to 79 A330neos and 264 A321neos.

Andy Cronin, Avolon CEO, commented, “This order demonstrates our strong confidence in the long-term demand for new aircraft. Our scale and balance sheet position us to support our airline customers’ expansion and replacement needs into the next decade. Both the A321neo and A330neo are in high demand, and we expect this to continue given the long-term growth trajectory for the aviation sector. We are delighted to be expanding and extending our long-term partnership with Airbus with this order.”

“Lessors are excellent barometers of the aircraft market, and we are grateful to Avolon for expanding its commitment for the A320 Family and A330neo, so soon after an earlier order two years ago. This endorsement illustrates the strong attractiveness to a wide variety of customers of these two aircraft, the most efficient in their category with the latest technologies embedded, covering the market space from domestic to regional to long haul routes. We value this partnership which has helped open new markets and broaden the customer base for both aircraft types”, said Benoît de Saint-Exupéry, Airbus EVP Sales of the Commercial Aircraft business.

Powered by the latest generation Rolls-Royce Trent 7000 engines, the A330-900 has a range of 7,200nm/13,300km non-stop and reduces fuel burn, CO2 emissions and operating cost by 25% compared to the previous generation aircraft.

The A330neo features the award-winning Airspace cabin, which offers passengers a unique experience, high level of comfort, ambience, and design. This includes more individual space, enlarged overhead bins, a new lighting system and access to the latest in-flight entertainment and connectivity systems. 

The A321neo is the largest member of Airbus’ best-selling A320neo Family, offering unparalleled range and performance. By incorporating new generation engines and Sharklets, the A321neo brings a 50% noise reduction and more than 20% fuel savings and CO₂ reduction compared to previous generation single-aisle aircraft, while maximising passenger comfort in the widest single-aisle cabin in the sky.

The A330neo and A321neo are able to operate with up to 50% Sustainable Aviation Fuel (SAF), with a target to increase to up to 100% SAF capability by 2030.