Avolon delivers its first Boeing 787

Avolon delivers its first Boeing 787-9 to Virgin Atlantic
First of four B787-9 aircraft scheduled for delivery to Virgin
NYSE: AVOL
Dublin | March 23, 2015: Avolon (NYSE: AVOL), the international aircraft leasing company, today announces
the delivery of its first Boeing 787-9 to Virgin Atlantic. Today’s delivery is the first of four B787-9 aircraft
scheduled for delivery to Virgin Atlantic by Avolon.
Dómhnal Slattery, Chief Executive Officer, Avolon commented:
“Our latest delivery to Virgin Atlantic represents a milestone for both Avolon and Virgin. It is our first delivery of
a Boeing 787-9, of which we have a further nine in our committed fleet. At Avolon our objective is to play a
significant role in financing the next generation of young, modern and fuel efficient aircraft for our global
airline customer base. We believe the B787-9 is the perfect complement to Virgin Atlantic’s current fleet.
Our team has developed a strong working relationship with Virgin Atlantic. We admire the energy of their team
and their relentless innovation in delivering a unique customer experience. We look forward to the future
working and innovating together.”
Craig Kreeger, Chief Executive, Virgin Atlantic added:
“We are thrilled to be adding to our current fleet of Boeing 787-9 aircraft. Virgin Atlantic has spent the last 30
years delighting customers and we know this aircraft will allow us to take that even further, while also making
a significant difference to our fuel efficiency. We have an excellent relationship with Avolon and we look
forward to continuing to work with the Avolon team in expanding our future fleet, which will have the 787-9 at
its heart.”
ENDS
About Avolon
Headquartered in Ireland, with offices in the United States, Dubai, Singapore and China, Avolon provides aircraft leasing
and lease management services. Avolon had an owned, managed and committed fleet of 235 aircraft serving 49 customers
in 28 countries as of December 31, 2014. Avolon is listed on the New York Stock Exchange, under the ticker symbol AVOL.
www.avolon.aero
For further information:
Jonathan Neilan
Jennifer Peters
Avolon
T: +353 1 663 3686
T: +353 1 663 3684
M: +353 86 231 4135
M: +353 87 178 7021
[email protected]
[email protected]
Page 1