Avolon delivers first A320neo to Transavia.

Avolon, a leading global aviation finance company, has completed the delivery of the first A320neo in Transavia France’s fleet, as part of a leasing agreement with the French low-cost subsidiary of the Air France-KLM Group.

The delivery was celebrated today at a ceremony at the Airbus Delivery Centre in Toulouse. The new aircraft will support Transavia France’s fleet renewal strategy as it transitions to an all A320neo family fleet, delivering 20% lower fuel burn and CO2 emissions compared to previous-generation Airbus narrowbody aircraft, and 50% noise reduction.

This is Avolon’s first lease agreement with Transavia France, building on the existing relationship with Air France-KLM Group.

Avolon has 105 A320neo family aircraft in its fleet, with a further 287 on order.

The delivery flight is powered by a sustainable aviation fuel (SAF) blend.

Andy Cronin, CEO of Avolon, commented:  “We welcome Transavia France as a new customer and we are delighted to be able to celebrate the delivery of their first A320neo as part of their fleet renewal strategy. Building on our relationship with the Air France-KLM Group, we look forward to supporting this long-term partnership. Avolon begins 2024 with an orderbook of 458 aircraft which will support customers’ replacement and fleet expansion plans into the next decade.”   Avolon is a leading global aviation finance company connecting capital with customers to drive the transformation of aviation and the economic and social benefits of global travel. 

Aviation Capital Group confirms delivery of one Airbus A320neo to SAS

Aviation Capital Group announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines. Featuring CFM International LEAP-1A engines, this is the seventh of ten aircraft scheduled to be delivered to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with over 490 owned, managed and committed aircraft as of September 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation.

ACG deliver the 6th of 10 Airbus jets to SAS

Aviation Capital Group, one of the world’s premier full-service aircraft asset managers with over 490 owned, managed and committed aircraft as of September 30, 2023, leased to roughly 90 airlines in approximately 45 countries, has just confirmed the delivery of one new Airbus A320neo to SAS.

The jet aircraft is on long-term lease to Scandinavian Airlines and is powered by CFM International LEAP-1A engines. This is the sixth of ten aircraft scheduled to be delivered to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

Aviation Capital Group delivers an Airbus A320neo to SAS

Aviation Capital Group LLC announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines. This new jet is powered by CFM International LEAP-1A engines, this is the fifth of ten aircraft scheduled to be delivered to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with over 490 owned, managed and committed aircraft as of September 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation. 

SMBC Aviation Capital orders 60 A320neo Family aircraft

Leading aircraft lessor SMBC Aviation Capital has ordered a further 60 A320neo Family aircraft taking its total for the type to nearly 340 aircraft purchased directly from Airbus.

Together with its existing orders for the A320neo Family, this new one ensures SMBC Aviation Capital will have a continuous delivery stream to beyond the end of the decade, deepening Airbus and SMBC Aviation Capital’s long standing strategic partnership on the A320neo Family programme.

With its unbeatable seat mile cost, the A320neo Family offers airlines the flexibility to expand their networks using wide-body cabin products on new longer-haul routes which were not previously possible with a single-aisle jetliner.

“This transaction is further testament of sustained global demand for technologically advanced, fuel-efficient aircraft, and comes amidst the continuing strong recovery in air travel worldwide,” said Peter Barrett, CEO of SMBC Aviation Capital. “With sustainability and operational efficiency remaining key priorities for our customers, we anticipate even greater demand for aircraft such as the A320neo and the A321neo in the years ahead. We look forward to strengthening our valued partnership with Airbus as we help our customers navigate these priorities.”

BOC Aviation delivers the final of five new Airbus A320NEO aircraft to Turkish Airlines

Leasing giant, BOC Aviation has confirmed this week that it has delivered the final of five new Airbus A320NEO aircraft to Turkish Airlines. All five are part of BOC's existing order book and air on long-term lease to the Turkish flag carrier. 

“We are pleased to announce this transaction, which deepens our longstanding relationship with Turkish Airlines,” said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation. “The five A320NEO aircraft that we have delivered to the company reflect our commitment to providing our customers with the world’s most technologically advanced and fuel-efficient aircraft.” 

Turkish Airlines is based at its main hub in Istanbul, Turkey and operates a fleet of more than 380 aircraft to over 340 national and international destinations. Celebrating its 90th year since inception, its shares are listed on the Borsa Istanbul and it has been a member of the Star Alliance since 2008. 

Aviation Capital Group Announces Delivery of One A320neo to FlyArystan

Aviation Capital Group announced the delivery of one new Airbus A320neo aircraft on long-term lease to FlyArystan. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the third of three aircraft to be delivered to the airline from ACG’s order book with Airbus.

“ACG is thrilled to deliver another A320neo to Air Astana and FlyArystan,” said Claudio Cheinquer, ACG Vice President Marketing for Eastern Europe, Central Asia and Middle East. “This is the third new A320neo on lease from ACG to Central Asian low-cost carrier, FlyArystan, a sustainable and very cost-effective platform that will help the airline maintain its growth trajectory.”

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with over 480 owned, managed and committed aircraft as of June 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation. 

Brussels Airlines takes delivery of its first A320neo

Brussels Airlines takes delivery of its first A320neo

Brussels Airlines, Belgium’s national airline and member of the Lufthansa Group, has taken delivery of its first out of five new A320neo aircraft.

The A320neo is part of the airline's fleet renewal strategy to operate the latest state of the art, efficient aircraft in order to meet Brussels Airlines’ ambitious sustainability targets.

The A320neo incorporates the latest technologies, including new-generation CFM International LEAP-1A engines for more efficiency and Sharklets for improved aerodynamics, which together reduce fuel burn and CO2 emissions by at least 20 per cent. The aircraft is also a good neighbour at airports with a 50 per cent lower noise footprint compared to  previous generation aircraft.

The Brussels Airlines A320neo features a single class layout with 180 seats.

Equipped with the Airbus Airspace cabin, the A320neo will take the passenger experience to new highs in comfort, ambience and service. Unique and customisable lighting sets the mood for all phases of the flight, maximising passenger relaxation in the widest and quietest cabin in its class.

The new A320neo will join Brussels Airlines' all Airbus fleet of 43 aircraft, including 34 A320 Family aircraft and nine A330-300s. Perfectly sized for the European market, the new aircraft will enter into service on the carrier’s short- to medium-haul network.

With over 9,700 orders from more than 130 customers worldwide, the A320 Family is the world’s most popular aircraft.

50 Airbus A320neos on order converted to larger A321neo model by Avolon

Avolon, a leading global aviation finance company, has signed a binding agreement for its order of 20 new A330neo aircraft from Airbus. The order firms up a memorandum of understanding signed at the Paris Airshow in June. The new aircraft are scheduled to be delivered between 2025 and 2028.

Avolon was a launch customer for the A330neo programme in 2014 and is enjoying strong customer demand for additional widebody aircraft having fully placed its current order book. With over 1,400 A330ceo aircraft in operation, airlines are considering options to upgrade to the A330neo aircraft, which has an increased range of range of over 13,300km (7,200 nautical miles) and 25% lower fuel consumption and CO2 emissions.

The agreement with Airbus also confirms that 50 of the A320neo aircraft Avolon has on order with Airbus will convert to the larger A321neo model.

Andy Cronin, CEO of Avolon, commented:   “We see a high level of widebody demand within the delivery window for these aircraft. With our existing widebody pipeline already placed, these new aircraft will support our future growth plans and allow us to provide options for carriers looking to replace older A330ceo aircraft with the more fuel-efficient A330neo. The order builds on our strong relationship with Airbus as a launch customer for the A330neo, and our position as the leading lessor for this aircraft type.”

Christian Scherer, Chief Commercial Officer and Head of International at Airbus commented:   “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, and we welcome our continuing partnership with them.”

Aviation Capital Group delivers a new Airbus A320neo to SAS

Aviation Capital Group LLC has announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the fourth of ten aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with over 480 owned, managed and committed aircraft as of June 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation.

IndiGo signs lease deal for 10 Airbus A320NEO jets from BOC Aviation

IndiGo, the budget Indian airline that operates around 1900 daily flights connecting 79 domestic and 25 international destinations, has signed a deal to lease ten Airbus A320NEO aircraft from the aircraft leasing giants, BOC Aviation.  These fuel-efficient and reliable jets are all powered by CFM LEAP-1A engines and are scheduled for delivery during the rest of this year. 

“We are delighted to be embarking on another transaction with our long-time customer IndiGo, to enable the airline to expand its fleet with the latest technology aircraft,” said Steven Townend, Deputy Managing Director and Chief Financial Officer, BOC Aviation. “This showcases our ability to deploy alternative financing structures, to continue our long-term sustainable growth.”

“We are pleased to enhance our partnership with BOC Aviation with the lease agreement for these 10 aircraft. This extended collaboration with BOC Aviation is part of our expansion strategy across domestic and international markets. India is currently among the fastest growing civil aviation markets in the world and these aircraft will help IndiGo consolidate its position in the region,” said Riyaz Peer Mohamed, Chief Aircraft Acquisition and Financing Officer, IndiGo.

A fifth of easyJet's fleet is now new-technology A320neo Family aircraft

easyJet’s fleet now consists of more new-technology, more fuel efficient “NEO” - aircraft than ever before – as the operator took delivery of its 67th A320neo Family aircraft this month.

As the airline continues its fleet renewal programme, an integral part of its roadmap to net zero, older Airbus A320ceo Family aircraft will be phased out over time and replaced by new-technology aircraft, which are at least 15% more fuel efficient and see up to 50% noise reduction upon taxiing, take-off and landing.

Based on current delivery plans, A320neo Family aircraft will 25% of its overall fleet by October of next year. easyJet has - 19 A320neo Family deliveries expected by the end of 2024 and a further 27 in 2025.

easyJet has taken delivery of its 67th A320neo Family aircraft this month; making over 20% of the easyJet fleet NEO-technology

A320neo Family aircraft use around 15% less fuel than their equivalent predecessors, and have up to 50% noise reduction at take-off, landing and whilst taxiing

easyJet has an orderbook for a further 164 A320neo Family aircraft, in addition to the 67 already delivered

By October 2024, the fleet is expected to pass 25% new-technology aircraft

David Morgan, Chief Operating Officer at easyJet commented:   “The adoption of more efficient technology is the single biggest contributor to reducing emissions in the short term and the roll-out of new neo aircraft is a key part of this.

We are also continuously looking at our operation each and every day to drive efficiencies which has been demonstrated with the addition of Descent Profile Optimisation (DPO) and Continuous Descent Approach (CDA) – a state of software from Airbus that is being retrofitted on all our aircraft. The two technologies will respectively enable fuel-saving enhancement to the aircraft’s on-board Flight Management System (FMS) and reduce noise impact on the ground.”

Wouter Van Wersch, Airbus President Europe Region & Sales, added:  “As we continue to fulfil easyJet's orders, each A320neo delivery future-proofs the airline's growth as traffic rebounds. Airbus is delighted that the A320neo family aircraft, together with our strong service offering, is laying the foundation of easyJet's decarbonisation journey which is already well underway.”

easyJet is the world’s largest operator of Airbus’ single-aisle aircraft with over 300 planes currently in service, including the A319, A320ceo, A320neo and A321neo. The airline serves over 130 European airports in some 31 countries operating over 1,000 routes.

BOC Aviation delivers the first of two Airbus A320neo jets to Mexican low-cost airline Viva Aerobus

BOC Aviation Limited has confirmed it has delivered the first of two new Airbus A320NEO aircraft on long-term lease to Mexican low-cost carrier Viva Aerobus. Both jets are powered by Pratt & Whitney GTFTM engines and are from BOC's existing order book. 

“Today we have a double celebration: we are delighted to welcome Viva as a new customer and our owned fleet hits the 400 aircraft milestone with this delivery,” said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation. “We are excited to support Viva’s rapid growth with some of the most technologically advanced and fuel-efficient aircraft available.” 

“We would like to thank BOC Aviation for helping us grow our fleet, with leading engine technology and optimum cabin experience for our passengers. This is key for our growth strategy, operating a very young and reliable fleet, offer customer-focused service, and market leading low fares,” said Juan Carlos Zuazua, Chief Executive Officer, Viva Aerobus.

Viva Aerobus is a Mexican low-cost airline fully owned by the largest bus company group in Mexico, IAMSA. Based in Monterrey International Airport, Mexico, Viva started operations in November 2006 and currently operates a fleet of 73 Airbus A320 and A320NEO family aircraft to more than 40 destinations serving Colombia, Cuba, the United States and Mexico with more than 100,000 flights per year. Its six bases are located in Cancun, Mexico City, Mérida, Guadalajara, Monterrey and Tijuana.

Big orders from leasing giant Avolon at Paris Air Show....

Avolon orders 40 Boeing 737 MAX Jets

Converts 50 A320neos on order to larger A321neo model

Signs up for 20 Airbus A330neo aircraft. 

At the Paris Air Show on Wednesday, the international aircraft leasing giant Avolon has ordered 60 aircraft and converted a previous order to a larger type of plane. 

The firm has placed a firm order with Boeing for 40  737 MAX aeroplanes, the first order from the company since 2017. However, this isn't a completely new order, it was previously listed as unidentified on the Boeing Orders & Deliveries website with the announcement deliberately delayed to the air show to boost Boeing's publicity coverage at the show. 

Andy Cronin, CEO of Avolon said: "Today's announcement reaffirms our long-standing partnership with Boeing and our support for their 737 MAX program. We are confident in the long-term demand from our customers for the 737 MAX, and this order extends our delivery pipeline out to 2030," 

Stan Deal, president and CEO of Boeing Commercial Airplanes said: "This order demonstrates the popularity of the 737-8 among the leasing community and the demand they are seeing from their customers for this aeroplane model. Avolon has a long-standing relationship with the 737 MAX program and took delivery of the 1,000th 737 MAX last year. We look forward to building on this strong relationship with a key leasing partner as they grow their Boeing portfolio of aeroplanes."

Avolon has also signed a memorandum of understanding with Airbus at the Paris Air Show to order 20 Airbus A330neo aircraft. These new aircraft are scheduled to be delivered between 2026 and 2028.

Avolon was a launch customer for the A330neo programme in 2014 and has fully placed its current widebody order book.  This agreement will also see 50 A320neo aircraft Avolon has on order with Airbus converted to the larger A321neo model as passenger demand has recently rapidily 

Andy Cronin commented:  “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 said: "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."

250 aircraft order for Airbus from Air India confirmed at Paris Air Show.....

Air India firms up order for 250 Airbus aircraft

A350 aircraft of choice for Air India’s renaissance in long-haul travel

A320 Family of jets to become the cornerstone of 

Air India’s domestic and regional fleet

As had been predicted some time ago,  Air India has firmed up its order for 250 Airbus aircraft and also selected an Airbus maintenance and digital package to power the airline’s transformation and growth strategy.

The aircraft order includes 140 A320neo and 70 A321neo single-aisle aircraft as well as 34 A350-1000 and six A350-900 wide-body jets. The deal confirms the letter of intent to acquire the aircraft that was signed back in February 2023.

The purchase agreements for the aircraft, as well as the Letters of Intent for maintenance and digital services, were signed in the presence of N. Chandrasekaran, Chairman of Tata Sons and Air India, Campbell Wilson, CEO & MD of Air India, Guillaume Faury, Airbus CEO, Christian Scherer, Airbus Chief Commercial Officer and Head of International, and Rémi Maillard, President and Managing Director, Airbus India and South Asia at the Paris Air Show 2023.

Campbell Wilson, CEO & MD, Air India, said: “Our ambitious fleet renewal and expansion programme will see Air India operate the most advanced and fuel-efficient aircraft across our route network within five years. We are proud to be working with all our partners, including Airbus, in this journey to rebuild a global airline which reflects India taking a more confident posture around the world.”

flynas firms up 30 more A320neo Family aircraft

The Saudi budget airline and leading low-cost airline in the Middle East, flynas has firmed up an order with Airbus for 30 new A320neo Family aircraft, taking the airline’s total order with Airbus to 120 A320neo aircraft, including 10 A321XRLs.

The agreement was signed at the Paris Airshow by Bandar Almohanna, flynas Chief Executive Officer & Managing Director and Christian Scherer, Airbus Chief Commercial Officer & Head of International, in the presence of H.E Saleh Al-Jasser Minister of Transport and Logistic Service, H.E. Abdulaziz Alduailj, President of General Authority of Civil Aviation in Saudi Arabia, and Ayed Aljeaid, Chairman of the Board of NAS Holding.

This significant announcement reaffirms flynas' position as a key player in the Kingdom’s aviation industry and highlights the airline’s ambitious plans to keep expanding its fleet with the world’s most modern and fuel-efficient single aisle aircraft.

“As we continue to grow receiving several awards for excellence in operations and customer services and invest in our offering, we are delighted to confirm our latest order with Airbus,” said Bander Almohanna, the Chief Executive Officer & Managing Director of flynas. “The A320neo Family brings unmatched benefits to our passengers, offering exceptional operational performance and environmental benefits, while helping us provide unique travel experiences at low-cost.”

BOC Aviation delivered the first of a new group of four Airbus A320NEO aircraft to Uzbekistan Airways...

BOC Aviation Limited has delivered the first of a new group of four Airbus A320NEO aircraft on lease to Uzbekistan Airways. BOC Aviation previously leased three A320NEOs to the airline and the jets are all powered by CFM LEAP-1A engines.

"We are delighted to deliver the first of another four A320NEO aircraft to Uzbekistan Airways and are looking forward to supporting the airline’s growth plans," said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation. "This transaction reflects our strategy to build a portfolio of latest technology aircraft."

Shukhrat Khudaykulov, Chief Executive Officer of Uzbekistan Airways, said:  "Today, we’ve received new aircraft from our partner – BOC Aviation and we are getting closer to our goal of connecting even more cities, countries and expanding network of Uzbekistan Airways in the world. We will continue our long-term cooperation, according to our principles of special attention to comfort and safety in fleet expansion strategy."

Uzbekistan Airways was established 31 years ago and operates the A320/321, Boeing 767 and 787-8 Dreamliner to more than 50 destinations in Europe, Asia and North America. Uzbekistan Airways obtained its first Airbus A310 30 years ago, on 16 June 1993, which marked the beginning of a glorious tradition of opening new destinations. 

Scandinavian Airlines get a new Airbus A320neo.

Aviation Capital Group, a global leader in aircraft management and leasing have confirmed the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines - SAS.

The jet is powered by CFM International LEAP-1A engines and is the third of ten aircraft ACG is scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback deal between SAS and ACG. 

One new Airbus A320neo aircraft delivered to Spirit Airlines.

Aviation Capital Group LLC (“ACG”) announced the delivery of one new Airbus A320neo aircraft on long-term lease to Spirit Airlines. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the second of four aircraft scheduled to deliver to the airline from ACG’s order book with Airbus.

Aviation Capital Group was founded in 1989 and is one of the world’s premier full-service aircraft asset managers with approximately 470 owned, managed and committed aircraft as of December 31, 2022, which are leased to approximately 95 airlines in approximately 45 countries. ACG is a wholly owned subsidiary of Tokyo Century Corporation.

Azerbaijan Airlines orders 12 A320neo Family aircraft

The Azerbaijan flag carrier, Azerbaijan Airlines, has placed a firm order with Airbus for 12 A320neo Family aircraft including A320neo and A321neo. The contract was signed at a ceremony held in Baku.

These latest generation A320neo Family aircraft are part of the company’s fleet renewal strategy to operate the most modern and fuel-efficient aircraft, and increase operational efficiency and competitiveness while offering passengers excellent comfort throughout its fleet. The engine choice will be announced by the airline at a later stage.

“We are pleased to continue mutually beneficial cooperation with Airbus on the modernization program of our fleet and intend to strengthen the bilateral partnership. The signed contract will provide our passengers with the most modern and comfortable single-aisle aircraft," First Vice-President of AZAL CJSC Samir Rzayev said.

This order marks an important milestone in the fruitful relationship between Airbus and Azerbaijan Airlines,” said Christian Scherer, Airbus Chief Commercial Officer and Head of International. “The A320neo Family continues to be a top choice for airlines looking for fuel-efficient and cost-effective fleet solutions. This order is a testament to the trust our customers have in the performance and reliability of our aircraft. We are confident that this choice will further boost the sustainable growth of Azerbaijan Airlines.”

Currently, Azerbaijan Airlines operates a fleet of 15 Airbus aircraft (4 A319ceo, 6 A320ceo, 2 A340s and since the beginning of the year, 3 new generation A320neo). The airline plans. to deploy efficient A320neo Family aircraft to further develop its domestic and international route network.

The A320neo Family incorporates the very latest technologies including new generation engines and Sharklets, which together deliver at least 20 percent fuel burn and CO2 emission saving. With some 8,700 orders from 135 customers, the A320neo Family is the world’s most popular aircraft.