Avolon Inks Memorandum Of Understanding To Order 20 Airbus A330neo Aircraft; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Avolon has signed a Memorandum of Understanding to order 20 Airbus A330neo aircraft, with deliveries scheduled between 2026 and 2028. Financial terms of the deal were not disclosed.

June 21, 2023 | 9:14 am
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POSITIVE IMPACT
Airbus receives an order for 20 A330neo aircraft from Avolon, with deliveries scheduled between 2026 and 2028.
The order for 20 Airbus A330neo aircraft from Avolon is a positive development for Airbus, as it indicates continued demand for their aircraft. This will likely have a positive impact on Airbus' stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Avolon, a subsidiary of ORIX Corporation, orders 20 Airbus A330neo aircraft, with deliveries scheduled between 2026 and 2028.
As a subsidiary of ORIX Corporation, Avolon's order for 20 Airbus A330neo aircraft indicates a positive outlook for the company's growth and expansion. This is likely to have a positive impact on ORIX's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80