Avolon places firm orders for 140 Boeing 737 MAX and 110 Airbus jets
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Avolon signed firm orders for 140 Boeing 737 MAX aircraft and 110 Airbus aircraft, comprising 75 A320neo and 35 A330neo jets.
The company also secured an option for 100 additional Airbus aircraft, raising its total firm commitments to 749, while Bohai Leasing Co., Ltd. must approve 70% of Avolon's shares before the orders are finalized; Avolon purchased 10 aircraft, sold 29 in the quarter and agreed to sell 112 by quarter end.
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