Avolon Order 787 Dreamliners, and 737 MAXs

By Airline Adviser | July 27, 2014

AVOLON Leasing 787 9 737 Max

Courtesy Boeing

FARNBOROUGH, United Kingdom /PRNewswire/ — Boeing [NYSE: BA] and Avolon announced the leasing company’s commitment for six 787-9 Dreamliners and five additional 737 MAX 9 airplanes, valued at more than $2 billion at current list prices.

This commitment marks Avolon’s first order for the efficient 787 Dreamliner and will increase the lessor’s 737 MAX portfolio to 20 airplanes. When finalized, the order will be posted on the Boeing Orders & Deliveries website.

“Our investment strategy is focused on building a portfolio of young, modern and fuel-efficient commercial aircraft. This order for six Boeing 787-9 aircraft, when combined with our ongoing sale and leaseback investments in the 787 family, reflects our commitment to our customers to have a product offering built around the latest and most technically advanced aircraft available in the market,” said Domhnal Slattery, CEO of Avolon.

Source Boeing / Edited By Airline Adviser 07/27/14

Posted in Airline Adviser, Avolon Leasing Company, Boeing