Avolon signs commitment for 15 A330neo aircraft

By Airline Adviser | July 21, 2014

Avolon, the Dublin-based, global aircraft leasing firm, has announced a Memorandum of Understanding (MoU) for 15 of Airbus’ newly launched A330neo aircraft. Avolon becomes a launch customer for the A330neo. The commitment was signed at the Farnborough International Airshow 2014 by Dómhnal Slattery, Avolon CEO, John Higgins, Avolon President and Chief Commercial Officer and Fabrice Brégier, Airbus President and CEO.

“Our latest order for 15 Airbus A330neo aircraft reflects our ongoing commitment to provide the world’s airlines with the next generation of fuel efficient aircraft. Today’s order represents an additional investment in the neo range of aircraft which follows our previous commitment to the A320neo. We have already experienced great interest from customers in the A320neo range due to the expected high performance and fuel efficiency of the aircraft,” said Dómhnal Slattery, Avolon CEO.

John Higgins, Avolon President and Chief Commercial Officer added: “We are delighted to be a launch customer for this innovative, high performance aircraft. This A330neo order complements our ongoing sale and leaseback and fleet financing activity in both the A330 and A320 families.

Source Airbus / Edited By Airline Adviser 07/21/14

Posted in Airbus, Airline Adviser, Avolon