Avolon has introduced an order for 100 Airbus A320neo household plane in a deal valued at US$11.5 billion at present checklist costs.
The worldwide plane leasing firm has signed an order for 75 A320neos and 25 A321neos
The planes are scheduled for supply from 2023 onwards.
Dómhnal Slattery, Avolon chief govt, commented: “Our order for 100 A320neo household plane builds on our main trade place and displays our ambition to turn out to be the worldwide chief within the sector.
“We’re locking in progress properly into the following decade and constructing on our current order e-book of solely new know-how plane.
“The size of the order displays the long-term dedication and strategic perspective of our shareholders.”
He added: “We proceed to see sturdy demand from our clients for the A320neo household.
“That is per our personal market analysis and international fleet forecast.
“Our order affirms our perception within the medium-term market outlook and the robust progress prospects for our enterprise.”
The deal makes Avolon Airbus’ largest plane lessor backlog buyer, with greater than 220 single-aisle and 45 twin-aisle plane planes now on order.
Christian Scherer, Airbus chief industrial officer commented: “This order underscores the market urge for food for the effectivity, reliability and passenger enchantment of our A320neo household.
“The A320 household of plane is a future-proof asset for traders and airways alike.
“Avolon’s current success is an affidavit to its management’s dedication to our trade.
“Its dedication to Airbus displays its profound market insights.
“I personally sit up for additional extending this relationship as we go ahead.”