Avolon takes delivery of first of 12 direct-order 737-800s

Washington DC
Source:
This story is sourced from Pro
See more Pro news »

Boeing has delivered the first of 12 737-800s ordered from the manufacturer by Dublin-based lessor Avolon.

The 162-seat, dual-class 737-800 will be operated by Japan Airlines (JAL) on lease from Avolon. JAL already operates 14 737-800s, with four aircraft also still on order directly from Boeing.

Avolon's fleet of 105 aircraft, averaging 1.4 years, are leased to 32 operators worldwide. The lessor is funded by private equity firms - Cinven, CVC Capital Partners and Oak Hill Capital Partners - and one sovereign wealth fund -- the Government of Singapore Investment Corporation (GIC).