The queue for new passenger planes from Airbus and Boeing is only growing. Avolon, a lessor based in Dublin, announced on Tuesday two new orders, for 100 Airbus A321neo and 40 Boeing 737 MAX.
Added to two orders placed during the Paris Air Show in June, Avolon will end 2023 with 200 firm orders, including 80 737 MAX and 20 Airbus A330neo.
“Today’s orders will strengthen our delivery pipeline and reflect our confidence in the long-term outlook for aviation. 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,” said Andy Cronin, CEO of Avolon.
One of the largest aircraft lessors in the world, Avolon will see its owned, managed and committed fleet increase from 897 on September 30, 2023 to 1,037 aircraft.
According to Airbus, the Irish company has 632 firm orders for A320, A330 and A350 jets.
Boeing, in turn, revealed that the order for 40 737 MAX includes 737-8 and 737-10 variants, but did not provide details on the totals for each model.
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In total, Avolon has more than 110 orders for 737 MAX jets.
