Avolon commits to purchase 15 Airbus A320neo aircraft

Avolon and Airbus announced (12-Jul-2012) a commitment to purchase 15 A320neo aircraft, valued at USD1.4 billion at current list prices. The latest order brings Avolon's committed fleet to 150 aircraft. Avolon is owned by leading international investors: the Government of Singapore Investment Corporation, CVC Capital Partners, Cinven, and Oak Hill Capital Partners. [more - original PR]