Avolon, a global aviation finance leader, has agreed to lease five Airbus A330neos to South Korean low-cost carrier T’way Air. The aircraft, set for delivery in 2026, will bolster T’way’s international route expansion, which currently spans 55 destinations.
This deal makes T’way the 12th A330neo operator in Avolon’s customer base.
With widebody aircraft production lagging behind demand, Avolon’s 2024 outlook suggests that delivery slots for widebody models will be sold out until 2030 by the year’s end. The A330neo boasts an extended range of 13,300 km and offers 25% lower fuel consumption and CO2 emissions compared to the previous A330ceo model.
Both Avolon and T’way see this partnership as crucial for supporting the airline’s growth and meeting rising travel demand.
This post was published on 26 September 2024 11:26
Qantas cancelled its Rome–Perth service on Saturday after passengers on the preceding flight from Perth…
Boeing delivered 161 commercial aircraft in the third quarter of 2026, bringing its January–September total…
Frankfurt Airport handled 6.1 million passengers in September 2026, up 1.6% year on year, supported…
Cirium forecasts around 43,000 commercial passenger and freighter aircraft deliveries between 2026 and 2045, worth…
ICAO has joined the Supporting Alliance for CORSIA EEU Supply, strengthening efforts to increase the…
Nuremberg Airport temporarily suspended operations on Tuesday, 13 October, after an emergency alert involving a…