Published by Global Banking & Finance Review®
Posted on July 24, 2025
2 min readLast updated: January 22, 2026
Add as preferred source on GoogleAvolon orders 90 Airbus aircraft, bringing total orders above 400, amid strong demand. The company reports a 36% increase in Q2 net income.
By Padraic Halpin
DUBLIN (Reuters) -Global leasing giant Avolon said on Thursday it was ordering 75 A321neo and 15 A330neo aircraft from Airbus, bringing the number of aircraft it is due to receive from the European planemaker over the next eight years to 413.
Dublin-based Avolon, the world's second-largest aircraft lessor, said the order included further purchase rights for 25 A321neos and options to buy 15 A330neos. It follows large orders it placed with both Airbus and Boeing in 2023.
"We continue to see very strong demand for aircraft. We expect that trend to continue and we expect that demand to outstrip supply of aircraft over the coming years," Avolon Chief Executive Andy Cronin told Reuters.
Cronin added that Avolon was also close to placing all of the 40 existing A330neo it has on order with airlines. Avolon was a launch customer for the wide-body jet in 2014.
The aircraft leasing sector is responsible for around half of the planes on order with Airbus and Boeing.
"Lessors are excellent barometers of the aircraft market. This endorsement illustrates the strong attractiveness to a wide variety of customers of these two aircraft," Benoit de Saint-Exupery, senior vice president of sales at Airbus' commercial aircraft business, said in a statement.
Avolon, a subsidiary of China's Bohai Leasing Co Ltd, is due to start taking delivery of around 70 aircraft a year from the two main manufacturers over the next year or so.
Cronin said he was confident most of those planes would be delivered on time in 2026 and 2027, but that he would be "fairly surprised" if they all arrived on schedule.
Avolon also reported a 36% year-on-year increase in net income in the second quarter on Thursday, the first full quarter to include last year's $5 billion acquisition of smaller rival Castlelake Aviation Limited.
Cronin said Avolon was seeing "very, very robust growth" for air travel across the world.
(Reporting by Padraic Halpin and Muvija M. Editing by Catarina Demony and Mark Potter)
Avolon ordered 75 A321neo and 15 A330neo aircraft from Airbus.
With this latest order, Avolon has over 400 aircraft on order.
Avolon expects to start taking delivery of around 70 aircraft a year from Airbus and Boeing over the next year or so.
Avolon reported a 36% year-on-year increase in net income in the second quarter.
Avolon is seeing very robust growth for air travel globally and expects demand to outstrip supply in the coming years.
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