Wed, Dec 22, 2010
Engine Decision Coming Soon
The aircraft leasing group Avolon said late last week that it
had made a firm order for eight A320 aircraft from Airbus. The
eight A320 aircraft will be equipped with the new fuel-saving
Sharklets option. Avolon will make an engine selection for the
aircraft in the near future.
Headquartered in Ireland, Avolon is rapidly emerging as one of
the leading global players in the aircraft leasing sector.
Leveraging off the strong financial backing of its owners and the
extensive trading history of its management team, the primary asset
focus of the business is on young fuel-efficient single-aisle
aircraft such as the Airbus A320 family.
“This initial order for eight A320 aircraft, renowned
for their efficiency and reliability, complements our existing
portfolio and fully rounds out our product-offering”, said
John Higgins, Avolon President and Chief Commercial Officer.
“We look forward to working with Airbus as we continue to
build the franchise and portfolio of our business.”
“Avolon’s management team is well experienced in the
aircraft financing, which combined with the selection of
Airbus’ eco-efficient A320s equipped with the new fuel-saving
Sharklets will ensure its long term success”, said John
Leahy, Airbus Chief Operating Officer Customers. “We look
forward to building a strong relationship with Avolon and view
their latest order as clear confirmation of the aviation
sector’s faster than predicted recovery.”
Airbus launched its new “Sharklet” large wingtip
devices, specially designed to enhance the eco-efficiency and
payload-range performance of the A320 Family. Offered as a
forward-fit option, Sharklets are expected to result in at least
3.5 percent lower fuel burn over longer sectors. The A320 will be
the first model fitted with Sharklets, which will be delivered
around the end of 2012, to be followed by the other A320 Family
models from 2013.
Airbus aircraft share a unique cockpit and operational
commonality, allowing airlines to use the same pool of pilots,
cabin crews and maintenance engineers, bringing operational
flexibility and resulting in significant cost savings.
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