Tag Archives: Avolon

Boeing and Avolon announce a commitment for 787 Dreamliners and additional 737 MAXs

Avolon 787-9 and 737 MAX 9 (Boeing)(LRW)

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.”

Image: Boeing.

 

Avolon of Ireland commits to purchase 10 737 MAX 8s and five 737 MAX 9s

Boeing (Chicago) announced today at the Farnborough International Airshow a commitment by Avolon to purchase 10 737 MAX 8s and 5 737 MAX 9s, as well as 10 Next-Generation 737-800s. The commitment has a list-price value of $2.3 billion and also includes reconfirmation rights for 5 more 737 MAX airplanes.

Boeing looks forward to working with the Dublin-based lessor to finalize the details of the agreement, at which time the airplanes will be posted to theย Boeing Orders & Deliveriesย website as a firm order.

Boeing delivers the first new Boeing 737-800 to Avolon

Boeing (Chicago) and Avolon (Dublin) yesterday (June 8) celebrated the first direct-order airplane delivery to the leasing company. Avolon took delivery of the first of 12 Next-Generation 737-800s ordered in December 2009.

Boeing 737-846 JA345J (msn 40947) will be operated by Avolon’s airline customer, Japan Airlines (JAL) (Tokyo).

Avolon has 11 more Next-Generation 737-800s remaining on order.

Leasing company Avolon orders 12 Boeing 737-800s

Avolon (Dublin) announced an order for 12 Boeing Next-Generation 737-800 jetliners.

AerCap signs agreement to sell six A320s to Avolon, establishes a JV

AerCap Holdings N.V. (The Netherlands) announced it has signed an agreement with aircraft leasing company Avolon (Dublin) for the sale of six Airbus A320s. Four of the aircraft are new (2010 manufactured) and are part of the AerVenture portfolio, a joint venture between AerCap andย Abu Dhabi’s investment holding company Waha Capital. The other two aircraft are owned by AerCap and were manufactured in 2008. All aircraft have been sold with leases attached.

In addition to the A320 sale, AerCap has established a joint venture with Avolon which owns three of AerCap’s A330-200 aircraft on long-term leases with Aeroflot. AerCap and Avolon will each contribute 50% of the equity required for this joint venture. AerCap will continue to manage the aircraft and the related leases.