The Irish aircraft lessor Avolon has firmed up an order for 100 Airbus A320neo Family jets.
The order, for 75 A320neos and 25 A321neos, is the single largest order for Airbus aircraft ever placed by Avolon.
The agreement takes Avolon’s cumulative orders with Airbus to 284 aircraft (240 single-aisles and 44 widebody aircraft) including the A321neo, the A330neo and the A350 XWB.
Dómhnal Slattery, Avolon CEO, commented: “We continue to see robust demand from our customers for the A320neo family globally. This is consistent with our own market research and global fleet forecast. This order affirms our belief in the medium-term market outlook and the strong growth prospects for our business.”
The new order for 100 aircraft, together with the 22 single-aisles and four widebodies already delivered, increases Avolon’s Airbus backlog to 258, the largest of any lessor.