Business

June 11, 2012

Boeing celebrates first delivery to Avolon

Boeing and Avolon celebrated June 8 the first direct-order airplane delivery to the Dublin-based leasing company. Avolon took delivery of the first of 12 Next-Generation 737-800s ordered in December 2009.

The airplane will be operated by Avolon’s airline customer, Japan Airlines.

“We are pleased to take delivery of the first of 12 new Next-Generation 737-800s from Boeing,” said John Higgins, President and Chief Commercial Officer of Avolon. “Key to delivering enhanced profitability for our lessees is selecting high-performance aircraft with superior fuel economy. Having a forward delivery stream of new aircraft, coupled with our industry leading sale and leaseback and other aircraft financing capabilities, provides our customers with a fully-rounded service offering.”

The 737-800 is the best-selling version of the successful Next-Generation 737 family. Known for its reliability, fuel efficiency and economical performance, the 737-800 is selected by leading carriers throughout the world because it provides operators the flexibility to serve a wide range of markets. The singe-aisle jetliner, which can seat 162 passengers in dual class and up to 189 passengers, can fly 285 nautical miles (530 kilometers) farther and consume seven percent less fuel while carrying 12 more passengers than the competing model.

“We have been looking forward to delivering this airplane to Avolon, a lessor led by a team of highly experienced industry professionals,” said Bill Collins, vice president of Leasing Sales for Commercial Airplanes. “With this Next-Generation 737 and those on order, Avolon has a strong foundation for successful growth.”

Avolon has 11 more Next-Generation 737-800s remaining on order.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines March 6, 2015

News: IG: VHA misappropriated $92.5M for claims system - The Veterans Health Administration (VHA) misappropriated more than $90 million intended for medical support and compliance programs in order to build an automated claims processing system, according to an Inspector General report released this week.   Business: Gulf arms race fuels UAE push for defense industry - Soaring...
 
 

News Briefs March 6, 2015

Man charged with theft of military documents seeks release An engineer who worked for a defense contractor who’s been charged with attempting to travel to China with stolen documents on the development of advanced titanium for U.S. military aircraft is asking a judge to free him while he awaits trial. A hearing on Yu Long’s...
 
 
Air Force photograph by Rick Goodfriend

AFRL offering prize for turbine engine development

Air Force photograph by Rick Goodfriend Discover meetings to be held in Ohio on March 24-25. The Air Force Research Laboratory is leading the first Air Force technology prize, issuing a challenge to develop a small, efficient t...
 

 
Lockheed Martin photograph

Lockheed Martin P-3 Orion wing line restarted

Lockheed Martin photograph From left: Peter Hillier, Karen Eilbmeier, and Michael Spurr from the Canada Department of National Defence were on hand to commemorate the reopening of the P-3 wing line at Marietta, Ga.   Lockh...
 
 
Army photograph

Army Research Laboratory lays out science and technology priorities through 2019

Army photograph Dr. Rick Beyer, propulsion science expert, aligns a sample in a Bruker Wide-angle X-ray scattering camera at the Army Research Laboratory in Adelphi, Md. The laboratory recently released its technical implementa...
 
 
Air Force photograph by A1C Dillian Bamman

‘Iron Horse’ sets off for final flight

Air Force photograph by A1C Dillian Bamman Aircraft 62-1863 ‘Iron Horse’, a HC-130P Combat King, rests before takeoff Mar. 3, 2015, at Moody Air Force Base, Ga. Throughout its career, Iron Horse has flown for over 27,000 ho...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>