Aviation engineering news

Avolon reports 91% increase in net income

Aviation leasing specialist Avolon has reported Quarter 1 results that show a year on year increase in net income of 91%. The Dublin based company specialises in leasing airliners to carriers around the globe with a fleet of 577 aircraft in service. During Q1 Avolon delivered 9 new aircraft and [read more]

Aviation engineering news

Avolon delivers five A320Neos to Flynas

Leading aviation finance company Avolon has completed the delivery of five new Airbus A320neos to Suadi Arbaian airliner Flynas. The Dublin-lased Lessor delivered the 5th aircraft direct from Toulouse yesterday on a sale and leaseback basis with the middle-esstern Low Cost Carrier (LCC). Paul Geaney, President and Chief Commercial Officer [read more]

Airbus A330neo (Image: Max Thrust Digital)
Airline news

Avolon firms up order for 20 A330neos

Dublin based Aviation leasing specialist Avolon has firmed up an order for 20 A330Neo from Airbus. The deal was originally announced as a Memorandum of Understanding (MoU) at the Paris Airshow. Avolon was a launch customer for the A330neo the airliner has proved popular with many airlines chosing to upgrade [read more]

Aviation engineering news

100th A320neo delivery for Avolon leasing

Dublin based leasing specialist Avolon has completed the delivery of its 100th Airbus A320neo. The aircraft was delivered to Philippines airline CEBU Pacific and is the second of three A320neos with the third to be delivered later this month. Paul Geaney, President and Chief Commercial Officer, Avolon commented: “As one [read more]

Boeing 737 Max 7 (Image: Max Thrust Digital)
Aviation engineering news

Avolon commits to 40 Boeing 737 Max aircraft

Irish leasing specialist Avolon has announced it has committed to a further 40 Boeing 737 Max aircraft with a value of over $4 bn at list price. Avolon has been a max customer since 2017 and the new commitment will bring the total number of aircraft on Avolon’s books to [read more]

Aviation engineering news

Dublin-based CDB places 11th A321neo with Wizz Air

Dublin-based lessor CDB Aviation has completed the delivery of its 11th A321neo leased to low-cost carrier Wizz Air. CDB Aviation, the dedicated aircraft leasing platform of China Development Bank, completed the lease of the Airbus A321-271NX to Wizz Air today increasing its presence in the European market. The lessor has [read more]

Airbus A321neo (Image: Airbus)
Aviation engineering news

Airbus wins 80 aircraft order from BOC Aviation

Airbus has won an order for 80 Airbus A320neo family aircraft from Singapore based BOC Aviation. The order is made up of 10 Airbus A321XLR, 50 A321neo and 20 A320neo making it the single biggest order placed by the leasing specialist. Robert Martin, Managing Director and Chief Executive Officer, BOC [read more]