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Avolon aircraft portfolio and order developments
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2026-10-12 03:21 UTC → 2026-10-13 22:31 UTC ·
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Irish aircraft lessor Avolon has engaged in significant asset restructuring and fleet expansion. In late September 2026, the company reached an agreement to sell a 33-aircraft portfolio, valued at approximately $1.609 billion, to Qatar-based Lesha Bank. The sale includes a mix of narrowbody and widebody jets, such as Boeing 737 MAX 8s, Airbus A330s, and Airbus A350s, which are currently leased to 25 global airlines. Ownership transfer is expected to be completed by March 31, 2027. Following this divestment, Avolon announced a massive order for 250 new aircraft from Airbus and Boeing, marking the largest order in the company’s history with either manufacturer. This transaction includes 140 Boeing 737 MAX jets and 110 Airbus aircraft (75 A320neo family models and 35 A330-900 widebodies), with options for an additional 100 Airbus jets. These developments bring Avolon’s total firm aircraft orders to 749. The orders are subject to approval by shareholders of Bohai Leasing, which owns 70% of Avolon, with a decision expected by the end of October 2026. The company intends In mid-October 2026, further details emerged regarding the Airbus acquisition. Avolon secured 70 Rolls-Royce Trent 7000 engines to utilize these new-generation, fuel-efficient aircraft power the 35 A330neo widebody jets. CEO Andy Cronin noted that the order strengthens the company’s long-term delivery pipeline to support the customer fleet growth and replacement needs of through the next decade. Following these transactions, Avolon’s total order for the A330-900 has reached 114 aircraft, while its airline customers. Avolon currently manages a fleet of 1,092 aircraft leased A320 family order book has risen to 138 airlines across 62 countries. approximately 650 aircraft.
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- 2026-10-13 22:31 UTC Avolon aircraft portfolio and order developments
- 2026-10-12 03:21 UTC Avolon aircraft portfolio and order developments
- 2026-10-10 07:53 UTC Avolon aircraft portfolio and order developments
- 2026-10-09 13:06 UTC Avolon aircraft portfolio and order developments
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