Airbus A330neo topped the types for orders on day three of the Paris Air Show as Irish leasing specialist Avolon signed up for 20 of the type.
Avolon also converted orders for 50 A320neos to larger A321neos.
Andy Cronin, CEO of Avolon, said: “We have been a strong supporter of the A330neo programme since its launch and, with our existing widebody orderbook fully placed, we are now locking in future growth in a supply constrained environment.
“Our expanded delivery pipeline allows us to offer our customers the A330neo’s range and reduced emissions, supporting their evolving fleet needs.
“Our recent aircraft orders and commitments reflect our confidence in the long-term growth trajectory of the aviation sector, which is outlined in our recent World Fleet Forecast projecting that the global passenger fleet will almost double by 2042.”
Christian Scherer, Chief Commercial Officer and Head of International at Airbus added:
““It’s fantastic to see Avolon once again commit additional investment in the A330neo aircraft and lead the lessor market reordering widebody aircraft. Avolon’s vision and timing could not be better with this commitment for a further 20 aircraft to its portfolio. Avolon will benefit from the strong wave of growth and replacements that we currently observe across all markets.”
The A330neo has proved popular in the leasing market with its versatility to operate efficiently on high density medium and long-haul routes.