Aircraft lessor Avolon has finalised an order with Airbus for the purchase of 100 A320neo family aircraft including 75 A320neos and 25 A321neos.

The deal has brought the number of orders placed by Avolon with Airbus to a total of 284 aircraft, comprising 240 single-aisles and 44 widebody jets.

Ireland-based Airbus has already delivered 22 single-aisles and four wide-body planes and the latest order for 100 aircraft means Avolon’s backlog with Airbus has increased to 258.

Avolon CEO Dómhnal Slattery said: “Our order for 100 A320neo family aircraft builds on our leading industry position and reflects our ambition to become the global leader in the sector. We continue to see robust demand from our customers for the A320neo family globally.

“Our order for 100 A320neo family aircraft builds on our leading industry position and reflects our ambition to become the global leader in the sector.”

“This is consistent with our own market research and global fleet forecast. This order affirms our belief in the medium-term market outlook and the strong growth prospects for our business.”

Airbus’ A320neo family of aircraft are equipped with a number of new technologies, such as the latest generation of engines and Sharklets.

These two technologies will help to reduce noise by 50%, as well as fuel consumption and carbon dioxide (CO2) by 15%.

Airbus chief commercial officer Christian Scherer said: “The A320 family of aircraft is a future-proof asset for investors and airlines alike.

“Avolon’s recent success is a testimony to its leadership’s dedication to our industry. Its commitment to Airbus reflects its profound market insights.”

Airbus has so far received more than 6,200 orders from over 100 customers for its A320neo family of aircraft.