What Happened
Aircraft Lessor Expands Fleet With Boeing And Airbus
Avolon, a leading aircraft lessor, has announced firm orders for 140 Boeing 737 MAX and 110 Airbus aircraft, plus options on 100 more. The deal, which is subject to shareholder approval, will increase Avolon’s pipeline of firm commitments to 749 new aircraft. The order includes a mix of narrowbody and widebody aircraft, with 75 A320neo family and 35 A330neo family aircraft. This significant investment in new aircraft may have implications for the commercial aviation market, as reported by MiGFlug.