Published on July 15th, 2017 | by Mark Dwyer0
Dublin Aerospace sign deal with Avolon
Irish based leasing company Avolon has signed two agreements with Dublin Aerospace. The first agreement is for full overhaul and cabin modification on two Airbus A330 aircraft during the summer and scheduled to go on lease with Avolon’s customer in October 2017. The second agreement is for lease transition work on two A320 aircraft also this summer and scheduled to go on lease with Avolon’s customer in August 2017.
Kevin Wall, Chief Commercial Officer of Dublin Aerospace, stated “It is an absolute pleasure to work with one of the world’s leading leasing firms, and we are delighted with their decision to trust their valuable assets with Dublin Aerospace to perform the necessary work to ready the aircraft for their new customers.”
Mr Wall went on to say, “We have a long tradition of dealing with the leading leasing firms based not just in Ireland, but further afield also. Our dedicated staff know the time constraints and standards that the leasing firms expect and we have gained their trust to deliver these projects on time and within budget.”
Mr Melvin Kelly, Technical Director, Avolon, “Lease transitions are a crucial part of our operation. That’s why we like to work hand in hand with Dublin Aerospace to provide the best product for our clients.”
Recently at the Paris Air Show, Avolon signed an MOU for 75 Boeing 737 MAX aircraft valued at US$8.4 billion at current list prices representing Avolon’s largest aircraft order with the Boeing Company to date. The aircraft from this order are scheduled for delivery from 2021 onwards. Avolon is the world’s third largest aircraft leasing business with a pro-forma owned, managed and committed fleet of 850 aircraft valued at approximately US$43 billion (as of 31st March 2017). More details here.
Dublin Aerospace provides maintenance on aircraft worldwide and holds EASA and FAA approvals. Their 4 bay Base Maintenance facility at Dublin Airport can handle approximately 70 aircraft per annum and their APU Overhaul Centre handles up to 400 APU’s a year. They also have a Landing Gear services centre that has the capacity to repair/overhaul 250 legs annually.