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Avolon Agrees Transaction for 20 A330neo Aircraft With Malaysia Aviation Group

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Monday, August 15, 2022
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Avolon, the international aircraft leasing company, announces that it has agreed a transaction with Malaysia Aviation Group (MAG), owner of Malaysia Airlines, for the financing of 20 A330-900neo aircraft.

Key Points: 
  • Avolon, the international aircraft leasing company, announces that it has agreed a transaction with Malaysia Aviation Group (MAG), owner of Malaysia Airlines, for the financing of 20 A330-900neo aircraft.
  • The transaction comprises the placement of 10 A330neo aircraft from Avolons orderbook and 10 A330neo aircraft to be acquired from MAG via sale and leaseback.
  • Group CEO of Malaysia Aviation Group, Captain Izham Ismail, commented: We are pleased to conclude a strategic understanding with Avolon on the renewal of our widebody fleet modernization through the leaseback arrangement of 10 A330neo aircraft, and acquire another 10 aircraft directly from Airbus.
  • Malaysia Aviation Group (MAG) is a global aviation organisation comprising three focused business portfolios from Airlines, Aviation Services and E-Commerce & Travel Services Businesses.

ITA Airways Firms Up Order for 28 Airbus Aircraft

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Wednesday, December 1, 2021
Airbus A320neo family, A330, A220, Technology, Partnership, Memorandum, Rolls-Royce Trent 7000, A350, Foundation, COVID-19, Airbus A350, NOx, GLOBE, Airbus A330neo, CO2, Efficiency, Sharklet, Airport, Airline

ROME, Dec. 01, 2021 (GLOBE NEWSWIRE) -- ITA Airways, Italys new national carrier, has firmed up an order with Airbus for 28 aircraft, including seven A220s, 11 A320neos and 10 A330neos, the latest version of the most popular A330 widebody airliner.

Key Points: 
  • ROME, Dec. 01, 2021 (GLOBE NEWSWIRE) -- ITA Airways, Italys new national carrier, has firmed up an order with Airbus for 28 aircraft, including seven A220s, 11 A320neos and 10 A330neos, the latest version of the most popular A330 widebody airliner.
  • Today the strategic partnership with Airbus takes an important step forward with the finalisation of the order we announced last September.
  • All this is part of the actions to achieve our environmental sustainability objectives, said Alfredo Altavilla, Executive President of ITA Airways.
  • We are very proud to partner with ITA Airways in building its long-term future with the most efficient, latest technology Airbus aircraft.

Avolon Delivers First A330neo to Cebu Pacific

Retrieved on: 
Tuesday, November 30, 2021
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Avolon, the international aircraft leasing company, announces that it has delivered its first A330neo aircraft to Cebu Pacific.

Key Points: 
  • Avolon, the international aircraft leasing company, announces that it has delivered its first A330neo aircraft to Cebu Pacific.
  • This is the first of eight A330neo aircraft that will be placed at Cebu Pacific, with the remaining A330neo deliveries commencing from Q4 2021 and will be completed in Q2 2024.
  • This is also the sixth Avolon aircraft on lease at Cebu Pacific, comprising three A320neo aircraft and three A330 family aircraft.
  • Simon Hanson, Avolon Head of APAC, commented: We are delighted to deliver our first A330neo aircraft to Cebu Pacific, which continues our long standing and deep partnership with the Cebu Pacific management team.