Avolon aiming to order 40 Boeing 737 MAX

Lessor Avolon has announced “a commitment to order 40 Boeing 737 MAX aircraft”, with delivery scheduled for between 2027 and 2030. The aircraft are valued at over $4bn based on current list price, with the transaction subject only to approval by shareholders of Bohai Leasing Co., Ltd., Avolon’s 70% shareholder, which the lessor said is “anticipated before the end of May”. “This commitment builds on our strong relationship with Boeing and demonstrates our confidence in the long-term demand for this aircraft type. It will increase the overall size of Avolon’s owned, managed and committed fleet to 870 aircraft,”the leasing company