Avolon Agrees Sale and Leaseback of Seven Boeing 737-8200 Aircraft With Akasa Air
Avolon Holdings Limited (‘Avolon’), a leading global aviation finance company, has agreed a sale and leaseback transaction with Akasa Air (“Akasa”), India’s fastest-growing airline, for up to seven Boeing 737-8200 aircraft.
The transaction further expands Avolon’s partnership with Akasa. These aircraft will support Akasa’s continued fleet growth and network development in one of the world’s most dynamic and fastest-growing aviation markets.
The Boeing 737-8200 is the highest-capacity variant of the 737-8 MAX, combining improved operating economics with lower fuel consumption and emissions compared to previous-generation aircraft. The aircraft has attracted strong demand from airlines seeking to enhance efficiency while supporting growth plans.
Ramón Stortini, Managing Director, Middle East, Africa and South Asia of Avolon, commented:
