- Avolon orders 70 Trent 7000 Engines from Rolls-Royce
Global aviation finance company, Avolon has placed an order for 110 Airbus aircraft, comprising 35 A330-900 and 75 A320neo Family aircraft.” Airbus says, “this incremental order takes Avolon’s total for the A330-900 to 114 aircraft and the A320 Family to some 650.”
Avolon CEO, Andy Cronin said: “We continue to see strong demand for new aircraft, and this order further strengthens our long-term delivery pipeline. This positions us to support our airline customers’ fleet growth and replacement requirements well into the next decade. We expect demand for both the A330neo and A320neo to remain strong given the long-term growth trajectory of the aviation sector, and we are delighted to further expand our longstanding partnership with Airbus through this agreement.”
Airbus EVP Sales of the Commercial Aircraft Business, Benoît de Saint-Exupéry said: “With this acquisition, Avolon confirms its position as the leading lessor for the A330-900, having purchased 114 of the type from Airbus. It is also another demonstration of the strong demand for the A330neo and A320neo from the lessor community, who clearly value the broad market appeal and flexibility these two products offer in the market space from domestic to regional to long haul routes.”
Avolon also placed an order for 70 Trent 7000 engines from Avolon to power the 35 Airbus A330neo aircraft from engine manufacturer, Rolls-Royce.
Rolls-Royce stated that “the A330neo / Trent 7000 combination delivers a 14% better fuel burn per seat than the previous generation, whilst significantly lowering emissions.”
Chief Customer Officer, Rolls-Royce, Ewen McDonald said: “We welcome Avolon’s continued trust and partnership in the Trent 7000 programme with its latest order of Airbus A330-900s. Avolon is an important customer and long-standing supporter of this aircraft/ engine combination, which forms a large part of its widebody fleet.”
Head of Powerplant Strategy & Asset Solutions, Avolon, Will Pitcher said: “The A330neo remains one of the most capable and efficient widebody aircraft in the market today. Powered by the Trent 7000, it offers our airline customers a compelling combination of fuel efficiency, operational reliability and range. This order strengthens our ability to support customers’ fleet renewal and growth plans over the coming decade.”