Ireland’s Avolon plans $2.3 bn Boeing plane deal

Boeing said Wednesday that Irish leasing company Avolon plans to buy 25 of the US planemaker’s short-haul aircraft, including 15 of its new fuel-efficient 737 MAX jets.
Boeing said at the Farnborough airshow that the deal was worth $2.3 billion (1.87 billion euros) at list prices, as it looked to firm up the commitment.
“Boeing announced today at the Farnborough International Airshow a commitment by Avolon to purchase 10 737 MAX 8s and 5 737 MAX 9s, as well as 10 Next-Generation 737-800s,” the US group said.
Ray Conner, chief executive of Boeing Commercial Airplanes said: “Avolon has a significant and strategic role to play in the aviation finance industry and we welcome them as one of the launch lessors of the 737 MAX.
“With rising fuel costs, the 737-800 and 737 MAX enable Avolon to offer their customers unsurpassed fuel efficiency today and well into the future.”