Supporting Transavia’s fleet renewal strategy with lower emissions aircraft

- Avolon has orderbook of 287 A320neo family aircraft

Toulouse | 10 January 2024: Avolon, a leading global aviation finance company, has completed the delivery of the first A320neo in Transavia France’s fleet, as part of a leasing agreement with the French low-cost subsidiary of the Air France-KLM Group.

The delivery was celebrated today at a ceremony at the Airbus Delivery Centre in Toulouse. The new aircraft will support Transavia France’s fleet renewal strategy as it transitions to an all A320neo family fleet, delivering 20% lower fuel burn and CO2 emissions compared to previous-generation Airbus narrowbody aircraft, and 50% noise reduction.

This is Avolon’s first lease agreement with Transavia France, building on the existing relationship with Air France-KLM Group.

Avolon has 105 A320neo family aircraft in its fleet, with a further 287 on order.

Today’s delivery flight is powered by a sustainable aviation fuel (SAF) blend.

Andy Cronin, CEO of Avolon, commented:

“We welcome Transavia France as a new customer and we are delighted to be able to celebrate the delivery of their first A320neo as part of their fleet renewal strategy. Building on our relationship with the Air France-KLM Group, we look forward to supporting this long-term partnership. Avolon begins 2024 with an orderbook of 458 aircraft which will support customers’ replacement and fleet expansion plans into the next decade.”