Avolon Announces Major Order for CFM LEAP Engines to Enhance A320neo Fleet
Avolon Strengthens Its Fleet with CFM LEAP Engines
In a significant move aimed at enhancing its aviation leasing capabilities, Avolon, a prominent global aircraft leasing company, has announced a firm order for 100 CFM LEAP-1A engines to equip 50 Airbus A320neo family aircraft. This latest order marks a continuation of Avolon’s fruitful partnership with CFM International, a leading aircraft engine manufacturer, which began in 2010. Currently, Avolon operates a fleet of 99 A320neo family aircraft that are powered by LEAP-1A engines.
Commitment to Sustainability
Avolon's commitment to sustainability is evident in their strategy, which focuses on reducing emissions and meeting the growing demand from airline customers for fleet expansion and modernization as we move towards 2030 and beyond. Andy Cronin, the CEO of Avolon, emphasized the importance of this partnership, stating that it underpins their efforts to deliver aircraft that align with environmental goals while supporting airline growth.
Advancements in Engine Technology
The CFM LEAP-1A engines, which are recognized for their advanced technology, including composite fan blades and ceramic matrix composites, provide 15% greater fuel efficiency and reduce carbon emissions by an equivalent amount when compared to the previous generation of CFM56 engines. These engines feature state-of-the-art health monitoring systems and are backed by an open Maintenance, Repair, and Overhaul (MRO) ecosystem, ensuring high reliability and asset utilization for narrowbody aircraft.
Long-Term Partnerships
The partnership between Avolon and CFM International showcases a commitment to delivering high-quality products that meet modern aviation needs. Gaël Méheust, the President and CEO of CFM International, expressed gratitude towards Avolon for their continuous trust in LEAP engine technology. This order not only highlights the strength of their longstanding relationship but also their joint goal of providing aircraft that are efficient, reliable, and environmentally friendly.
Global Impact of Avolon
With a fleet consisting of 1,159 aircraft owned, managed, and committed as of September 30, 2025, Avolon maintains collaborations with 141 airlines across 62 countries, illustrating its global reach and influence in the aviation finance sector. The firm focuses on maintaining a robust balance sheet by investing with a long-term perspective and diversifying risks.
In conclusion, Avolon's recent order for CFM LEAP engines marks a strategic step towards modernizing their fleet with technology that not only improves efficiency but also supports broader environmental initiatives in the aviation industry. This partnership reinforces Avolon’s commitment to meeting the evolving needs of its airline customers while addressing the urgent call for more sustainable aviation solutions.