Boeing and Avolon, the international aircraft leasing company, have finalized an order for 75 737 MAX airplanes. The confirmed order is for 55 MAX 8s and 20 MAX 10s, with options for 20 additional MAX 8s.
The agreement, announced as a Memorandum of Understanding (MOU) at the 2017 Paris Air Show, is valued at nearly $11 billion at list prices including the 75 firm and 20 option aircraft.
Launched at the 2017 Paris Air Show, the MAX 10 will have the lowest seat-mile cost of any single-aisle airplane. The new airplanes will bolster Avolon’s airplane portfolio to meet growing customer demand in the narrow-body market segment.
Headquartered in Dublin, Ireland, Avolon is one of the world’s leading aircraft leasing firms, with an owned, managed and committed fleet of 915 aircraft as of September 30, 2017. Avolon also has the youngest owned fleet amongst the top three lessors and an order book of exclusively new technology aircraft.
Avolon (Dublin), the global aircraft leasing firm, has firmed up its contract for 15 Airbus A330neo aircraft. Avolon became one of the launch customers of the A330neo after signing its initial commitment in July 2014 at the Farnborough International Airshow.
Boeing (Chicago and Seattle) and leasing company Avolon have finalized an order for six 787-9 Dreamliners and five additional 737 MAX 9s, valued at more than $2.1 billion at list prices. Avolon announced a commitment to purchase the airplanes during the 2014 Farnborough Airshow in July.
This marks Avolon’s first order for the 787 Dreamliner and will increase the lessor’s 737 MAX portfolio to 20 airplanes.
The 737 MAX has surpassed 2,200 orders from 47 customers worldwide. The largest in the 737 MAX family, the 737 MAX 9 offers the best fuel-efficiency per seat and will be 7 percent per trip less expensive to operate than its competitor, the A321neo. The 737 MAX 9 provides versatile growth capacity for airlines needing larger single-aisle options in their fleet.
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.
Boeing (Chicago and Seattle) and Avolon (Ireland) have announced the leasing company’s commitment for six 787-9 Dreamliners and five additional 737 MAX 9 airplanes, valued at more than $2 billion at current list prices.
This commitment marks Avolon’s first order for the efficient 787 Dreamliner and will increase the lessor’s 737 MAX portfolio to 20 airplanes. When finalized, the order will be posted on the Boeing Orders & Deliveries website.
According to Boeing, “The Boeing 787-9 Dreamliner is the second member of the super-efficient 787 family. Both the 787-8 and 787-9 bring the economics of large jets to the middle of the market, with 20 percent less fuel use and 20 percent fewer emissions than similarly sized airplanes and passenger-pleasing features. At 20 feet (6 meters) longer than the 787-8, the 787-9 extends the family in capacity and range, flying more passengers and more cargo farther.”