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Avolon to acquire six Airbus aircraft

25 May 2010

Avolon and AerCap are also to form a joint venture to manage three Airbus A330 aircraft.

Read more: Avolon AerCap Airbus A320 A330-300 joint venture Aeroflot

Avolon, the new Ireland-based lessor, is to acquire six Airbus A320 aircraft from AerCap, a Dutch leasing company. The Irish lessor will use some of the $1.4 billion raised last week.

 

All the aircraft have been sold with leases attached. Four of the...


Quote

"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus

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