Aircraft leasing company Avolon has signed a memorandum of understanding (MoU) to order 20 Airbus A330neo aircraft, the companies said at the Paris Airshow today.
Avolon said deliveries would take place from 2026 to 2028.
"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," said Andy Cronin, CEO of Avolon.
"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," he added.
