Bohai Leasing: A wholly-owned subsidiary of a holding subsidiary plans to purchase 15 A330NEO and 75 A321NEO aircraft from Airbus
2025-07-24 20:59:47

Bohai Leasing announced that Avolon Aerospace Leasing Limited, CIT Aerospace LLC and CIT Aerospace International Unlimited Company, wholly-owned subsidiaries of Avolon Holdings Limited, a holding subsidiary of Bohai Leasing, signed the Aircraft Purchase Contract Amendment Agreement and related agreements with Airbus on July 23, 2025, intending to purchase 15 A330NEO and 75 A321NEO aircraft from Airbus. At the same time, Avolon's wholly-owned subsidiary has the right to purchase an additional 25 A321NEO aircraft and obtain the purchase option for 15 A330NEO. The transaction targets include 75 A321NEO aircraft with a total value of approximately US$12.95 billion and 15 A330NEO aircraft with a total value of approximately US$8.892 billion. The contract performance period is until the date when all aircraft are delivered, and it is expected to be completed by the end of 2033. This transaction is conducive to enhancing the company's competitiveness in the global aircraft leasing market and is in line with the company's business development strategy.
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