Avolon, the international leasing company, has signed a Memorandum of Understanding (MoU) with Airbus to order 20 A330neo aircraft. This move by Avolon reflects its vision to secure the earliest available slots and take advantage of the growing widebody demand around the world. The A330-900 is Airbus’ latest widebody aircraft, featuring the award-winning Airspace cabin, offering passengers a high level of comfort, ambience, and design. With this latest commitment from Avolon, Airbus has further solidified its position as the world’s most popular widebody family, dominating the short-and medium-haul widebody market.

Avolon Continues to Expand its Fleet

Avolon has announced that it has signed an MoU with Airbus for 20 A330neo aircraft, reflecting its vision to secure the earliest available slots and take advantage of the growing widebody demand around the world. This latest commitment from Avolon will bring its total fleet to 636 Airbus aircraft, including owned, managed, and committed aircraft.

Andy Cronin, Avolon CEO, stated that the company has been a strong supporter of the A330neo program since its launch and with its existing widebody orderbook fully placed, it is now locking in future growth in a supply-constrained environment. He also mentioned that their recent aircraft orders and commitments reflect their confidence in the long-term growth trajectory of the aviation sector.

Airbus Dominates the Short-and Medium-Haul Widebody Market

The A330 Family, with its latest addition of the A330neo, has accumulated 1,775 firm orders from 130 customers worldwide, making it the world’s most popular widebody family, dominating the short-and medium-haul widebody market. The A330neo features the award-winning Airspace cabin, offering passengers a high level of comfort, ambience, and design, including more individual space, enlarged overhead bins, a new lighting system, and access to the latest in-flight entertainment and connectivity systems.

Christian Scherer, Chief Commercial Officer and Head of International at Airbus, stated that it’s fantastic to see Avolon once again commit additional investment in the A330neo aircraft and lead the lessor market reordering widebody aircraft. He also mentioned that Avolon’s vision and timing could not be better with this commitment for a further 20 aircraft to its portfolio, and Avolon will benefit from the strong wave of growth and replacements that Airbus currently observes across all markets.

This latest commitment from Avolon to order 20 A330neo aircraft reflects the company’s confidence in the aviation industry’s long-term growth trajectory. With the A330neo’s range and reduced emissions, it will support Avolon’s evolving fleet needs and offer its customers more comfort and convenience. With the A330 Family dominating the short-and medium-haul widebody market, Airbus has further solidified its position as the world’s most popular widebody family.

Hence, What makes the A330neo aircraft a popular choice for Avolon and other airlines?

Also, you might be interested in reading: Volaris Soars with Purchase of 25 A321neo Aircraft from Airbus, Boosting Fleet and Financial Strength