Avolon (Dublin), the global aircraft leasing firm, has announced a Memorandum of Understanding (MOU) for 15 of Airbus’ newly launched A330neo aircraft. Avolon becomes a launch customer for the A330neo. The commitment was signed today at the Farnborough International Airshow 2014 by Dómhnal Slattery, Avolon CEO, John Higgins, Avolon President and Chief Commercial Officer and Fabrice Brégier, Airbus President and CEO.
The A330-800neo and the A330-900neo are two new members of the Airbus Widebody Family launched in July 2014 with first deliveries scheduled to start in Q4 2017. The A330neo incorporates latest generation Rolls-Royce Trent 7000 engines, aerodynamic enhancements and new cabin features. Benefitting from the excellent economics, versatility and high reliability of the A330, the A330neo reduces fuel consumption by 14% per seat, making it the most cost efficient, medium range Widebody aircraft on the market. In addition to greater fuel savings, A330neo operators will also benefit from a range increase of up to 400 nautical miles and all the operational commonality advantages of the Airbus Family.