Chinese-owned leaser Avolon confirms 100 Airbus plane order

Irish-based and Chinese-owned leaser Avolon confirmed Friday an order for 100 Airbus new generation medium-haul aircraft.

Airbus said in a statement the order for 75 A320neo and 25 A321neo single-aisle planes was the single largest by Avolon.

It takes Avolon's cumulative Airbus orders to 284 aircraft -- 240 single-aisle and 44 wide-body, including the A321neo, the A330neo and the A350 XWB.

At catalogue prices, the order would be worth around 10 billion euros ($13 billion) but large discounts are the norm for bigger orders.

Deliveries are due from 2023.

Airbus said it has won 6,200 orders from more than 100 customers for its A320neo series aircraft which faces tough competition from rival Boeing's medium-haul workhorse the 737.

Both companies have invested hugely in the new more fuel efficient planes.

HNA, owned by Chinese company Bohai, holds 70 percent of Avolon, with Japanese firm Orix Aviation Systems owning the remainder.

as/fka/nth/bmm/boc

AIRBUS GROUP

AVOLON HOLDINGS

ORIX CORPORATION

HAINAN AIRLINES - HNA GROUP

Related Links
Aerospace News at SpaceMart.com

Tweet

Thanks for being there;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Monthly Supporter
$5+ Billed Monthly

paypal only

SpaceDaily Contributor
$5 Billed Once

credit card or paypal

Wright-Patterson selected as primary F-35 logistics hub
Washington (UPI) Dec 6, 2018
The Air Force has selected Wright-Patterson Air Force Base as the preferred location for the F-35 Lightning II Hybrid Product Support Integrator program. The HSPI supports all F-35 aircraft worldwide for the U.S. and foreign military partners and is considered "an integral part of maintaining and prolonging operations of the global F-35 fleet," the Air Force said this week. Robin AFB in Georgia will remain a possible location depending on circumstances, officials said. "Wright-Pat ... read more