Aircraft leasing company Avolon has placed a firm order for eight Airbus A320s equipped with the new fuel-saving 'Sharklets' option.

Aircraft leasing company Avolon has placed a firm order for eight Airbus A320s equipped with the new fuel-saving ‘Sharklets’ option.

Avolon says it will make an engine selection for the aircraft in the near future.


Headquartered in Ireland, Avolon is focusing primarily as a leasing company on young, fuel-efficient, single-aisle aircraft such as the Airbus A320 family. At the Farnborough International Airshow 2010, Avolon revealed itself as a previously unannounced customer for 12 new Boeing 737-800s.

“This initial order for eight A320 aircraft, renowned for their efficiency and reliability, complements our existing portfolio and fully rounds out our product-offering,” says John Higgins, Avolon’s president and chief commercial officer. “We look forward to working with Airbus as we continue to build the franchise and portfolio of our business.”

Airbus began offering its new 'Sharklet' large wingtip devices, specially designed to enhance the eco-efficiency and payload-range performance of the A320 family, on November 15, 2009

“Avolon’s management team is well experienced in aircraft financing, which combined with the selection of Airbus’ eco-efficient A320s equipped with the new fuel-saving Sharklets will ensure its long term success,” says John Leahy, Airbus’ chief operating officer customers. “We look forward to building a strong relationship with Avolon and view their latest order as clear confirmation of the aviation sector’s faster than predicted recovery.”

Airbus launched its new ‘Sharklet’ large wingtip devices, specially designed to enhance the eco-efficiency and payload-range performance of the A320 family. Offered as a forward-fit option, Sharklets are expected to result in at least 3.5 per cent lower fuel burn over longer sectors. The A320 will be the first model fitted with Sharklets, which will be delivered around the end of 2012, to be followed by the other Airbus A320-family models from 2013.

All Airbus aircraft share a unique cockpit and operational commonality, allowing airlines to use the same pool of pilots, cabin crews and maintenance engineers, bringing operational flexibility and resulting in significant cost savings.

Airbus has taken orders for more than  6,700 A320-family aircraft and to date has delivered more than 4,400 A320-family aircraft to some 310 customers and operators worldwide.