What Happened
Lessor Expands Fleet with Strategic Purchase of Airbus Jets
Avolon, a leading aircraft lessor, has agreed to purchase 11 Airbus A321neo aircraft ordered by Frontier Airlines, in a deal valued at approximately $1.425 billion. The acquisition, approved by Bohai Leasing’s board of directors, aims to enhance Avolon’s competitiveness in the global aircraft leasing industry. The aircraft are expected to be delivered progressively between November 2026 and June 2027. According to AeroTime, this move is part of Avolon’s strategy to capitalize on the strong demand in the aircraft leasing market.