Lessor Avolon orders 250 more aircraft from Airbus and Boeing

Irish lessor Avolon announced firm purchase agreements for a significant expansion of its fleet, totaling 250 new aircraft across Airbus and Boeing. The deals encompass 140 Boeing 737 Max jets alongside 75 Airbus A320neo family members and 35 Airbus A330-900 widebody aircraft. This substantial order aims to bolster Avolon’s existing portfolio and meet growing demand within the aviation sector. Specifically, the agreement details the acquisition of over 200 single-aisle jets from both manufacturers. Currently, Avolon has not released further information regarding specific financial terms or delivery schedules associated with these orders.