Aviation

Avolon to sell 33 leased aircraft to Lesha Bank for $1.6 billion

Based on · First reported

  • Avolon announced the sale of 33 aircraft to Lesha Bank, covering Boeing 737 MAX, Airbus A330 and A350 models, with the transaction slated for completion by March 31 2027.
  • The fleet, currently leased to 25 airlines worldwide, is valued at $1.609 billion, indicating a significant shift of leasing assets from Avolon to the financial institution.

Why it matters

Airlines that lease these planes may face new lease terms or renegotiations under Lesha Bank’s ownership, potentially affecting fleet planning and cost structures.

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