Avolon has delivered the first of six 737 MAX 8 aircraft to Virgin Australia under a sale and leaseback agreement.
Virgin Australia has been a customer of Avolon since 2011, with the lessor already having eight aircraft on lease to the airline.
Paul Geaney, president and chief commercial officer, Avolon commented: “The scale of our orderbook and balance sheet give us the ability to provide our customer airlines with bespoke solutions to support their expansion and fleet transition.”
The new aircraft are expected to support Virgin Australia’s fleet growth and renewal plans.