Posted: Wed 21st Jun 2023

More good news for Broughton’s wing makers as leasing firm orders 20 A330neo aircraft

News and Info from Deeside, Flintshire, North Wales
This article is old - Published: Wednesday, Jun 21st, 2023

There’s more good news for Broughton’s wing makers from the Paris Airshow today.

Leading aircraft leasing company, Avolon, has signed a Memorandum of Understanding (MoU) to order an additional 20 Airbus A330neo aircraft, demonstrating its commitment to meeting the growing demand for widebody aircraft worldwide.

With a current fleet of 616 Airbus aircraft, including 55 A330neos, Avolon aims to capitalise on the supply-constrained environment by securing future growth.

The order for the A330-900 model aligns with its strategic vision to secure early slots to meet rising demand.

Avolon CEO, Andy Cronin, highlighted the company’s ongoing support for the A330neo programme and its belief in the long-term growth of the aviation sector.

“With our existing widebody orderbook fully placed, we’re now locking in future growth in a supply-constrained environment,” said Cronin.

“Our expanded delivery pipeline allows us to offer our customers the A330neo’s range and reduced emissions to support their evolving fleet needs.”

The A330neo, Airbus’ latest widebody aircraft, combines state-of-the-art technology with improved efficiency.

It features the award-winning Airspace cabin, ensuring a high level of comfort, ambience, and design for passengers.

Additional benefits include more individual space, enlarged overhead bins, a new lighting system, and access to the latest in-flight entertainment and connectivity systems.

Christian Scherer, Chief Commercial Officer and Head of International at Airbus, lauded Avolon’s investment, saying: “Avolon’s vision and timing couldn’t be better with this commitment for a further 20 aircraft to its portfolio. They’ll benefit from the strong wave of growth and replacements that we currently observe across all markets.”

On Tuesday, Air India firmed up its order for 250 Airbus aircraft, marking a major milestone in the airline’s ongoing transformation and growth strategy.

The order, which includes 140 A320neo and 70 A321neo single-aisle aircraft along with 34 A350-1000 and six A350-900 wide-body jets, was initially put forward as a Letter of Intent in February 2023.

A few months later, the order has been finalised, signalling a bold leap forward in Air India’s business strategy.

On Monday, India’s largest airline, IndiGo, signed a huge order for 500 A320 Family aircraft, marking the biggest single purchase agreement in the history of commercial aviation.

The agreement is a significant boost for Broughton’s wing manufacturing site and increases the total number of Airbus aircraft on order by IndiGo to an impressive 1,330. This makes it the world’s largest customer for the A320 Family.

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