Latest news with #Avolon
RTÉ News
a day ago
- Business
- RTÉ News
NEIC Start Up Entrepreneur class of 2025 graduate
The NEIC (North East Inner City) Start Up Entrepreneurship programme's graduation ceremony for its 2025 programme at a "Dragon's Den" style event was held at the headquarters of aircraft lessor Avolon today. Participants pitched their new business ideas to a panel of dragons including former Dublin GAA football player Paddy Andrews and Scale Ireland CEO Martina Fitzgerald. Business ideas planned by the graduates included the hire and repair of sustainable e-scooters, AI-powered predictive energy management and blockchain-based cybersecurity software solutions. The NEIC 10-week programme provides the opportunity for young people aged between 18-30 to develop their business idea and build their competencies as an entrepreneur. The programme was created in a partnership that included the NEIC Initiative, TU Dublin Growth Hub, Inner City Enterprise, Open Doors Initiative, Dogpatch Labs and Avolon. "We are committed to maximising educational, training and employment opportunities. Through NEIC Start Up, we empower young people to explore self-employment, unlocking business ideas and building a brighter future for the NEIC Community," Jim Gavin, Chairperson of the Programme Implementation Board for the NEIC Initiative, said. Tom Cooney, Professor of Entrepreneurship at TU Dublin, said the NEIC Start Up Programme is a powerful example of how TU Dublin and community partners are unlocking the entrepreneurial potential of young people in Dublin's inner city. Fionn Crowley, Chair of Avolon's CARE Committee, said the programme provides participants with tangible skills to succeed as they look to take the brave step of launching their business idea. "Avolon started its life 15 years ago and has grown to be one of the world's leading lessors, and we welcome the opportunity to celebrate this group of young people on their entrepreneurship journey," he added.
Zawya
2 days ago
- Business
- Zawya
Royal Jordanian receives its first Airbus A320neo
Royal Jordanian has taken delivery of its first Airbus A320neo aircraft, leased from global lessor Avolon. This marks a key milestone in the airline's comprehensive fleet renewal programme, which will see a total of 20 A320neo Family aircraft join its fleet over the coming years. Royal Jordanian's first A320neo is configured with a 180 seat all-economy layout, designed for customer comfort and efficient operations across its regional network. Future deliveries will feature a variety of cabin configurations, from all-economy to premium layouts including lie flat beds on A321neo. The arrival of the first A320neo reinforces the long-standing partnership between Airbus and Royal Jordanian, while supporting the airline's goals of improved fuel efficiency and reduced CO₂ emissions. Passengers will enjoy an enhanced travel experience thanks to Airbus' signature Airspace cabin, including advanced full cabin lighting and larger overhead XL storage bins. The new A320neo fleet will seamlessly serve Royal Jordanian's key markets across the Middle East, Africa, and Europe, offering exceptional versatility from shorter regional flights to premium long-haul journeys. The Airbus A320neo Family is the world's best-selling single-aisle aircraft family, with more than 11,000 orders from over 130 customers globally. It combines advanced aerodynamics, new-generation engines, and enhanced cabin features to deliver unprecedented efficiency, comfort, and operational flexibility. - Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
2 days ago
- Business
- Trade Arabia
Royal Jordanian receives its first Airbus A320neo
Royal Jordanian has taken delivery of its first Airbus A320neo aircraft, leased from global lessor Avolon. This marks a key milestone in the airline's comprehensive fleet renewal programme, which will see a total of 20 A320neo Family aircraft join its fleet over the coming years. Royal Jordanian's first A320neo is configured with a 180 seat all-economy layout, designed for customer comfort and efficient operations across its regional network. Future deliveries will feature a variety of cabin configurations, from all-economy to premium layouts including lie flat beds on A321neo. The arrival of the first A320neo reinforces the long-standing partnership between Airbus and Royal Jordanian, while supporting the airline's goals of improved fuel efficiency and reduced CO₂ emissions. Passengers will enjoy an enhanced travel experience thanks to Airbus' signature Airspace cabin, including advanced full cabin lighting and larger overhead XL storage bins. The new A320neo fleet will seamlessly serve Royal Jordanian's key markets across the Middle East, Africa, and Europe, offering exceptional versatility from shorter regional flights to premium long-haul journeys.
Business Wire
3 days ago
- Business
- Business Wire
Avolon Delivers Royal Jordanian's First Airbus A320neo
TOULOUSE, France--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, has completed the delivery of the first Airbus A320neo in Royal Jordanian's fleet. The delivery was celebrated today at a ceremony at the Airbus Delivery Centre in Toulouse and is the first of eight A320neos to be delivered by Avolon over the next 12 months. Royal Jordanian's first A320neo is configured with a 180 seat all economy layout, designed for customer comfort and efficient operations across its regional network. Future deliveries will feature a variety of cabin configurations, from all economy to premium layouts including lie flat beds on A321neo. The new aircraft will support Royal Jordanian's fleet expansion strategy in key markets across the Middle East, Africa, and Europe, and its transition to new technology aircraft. The A320neo delivers 20% lower fuel burn and CO2 emissions compared to previous-generation Airbus narrowbody aircraft, and 50% noise reduction. Royal Jordanian currently operates a fleet of 24 aircraft flying to 50 destinations and is planning to grow its fleet to 41 aircraft by 2028. Avolon and Royal Jordanian are long-standing partners and these A320neo family deliveries add to the two Boeing 787-8s Avolon already has on lease to the airline. At 31 March 2025 Avolon had 140 A320neo family aircraft in its fleet, with a further 294 on order. Paul Geaney, President and Chief Commercial Officer of Avolon, commented: 'We are pleased to strengthen our partnership with Royal Jordanian with this first A320neo delivery. We are proud to play a central role in the airline's fleet expansion plans, leveraging our large orderbook to support Royal Jordanian's future growth. As passenger traffic in the region continues to grow, we look forward to future opportunities to work together.' Samer Majali, Vice Chairman and CEO of Royal Jordanian, commented: 'The delivery of our first A320neo marks a significant milestone in our fleet modernization strategy. This aircraft, with its advanced technology and enhanced fuel efficiency, will enable us to offer improved services to our passengers while reducing our environmental footprint. Configured with all economy seats, this aircraft will serve a number of popular tourist routes, supporting our goal to promote Jordan as a destination of choice. It also reinforces our role as the preferred carrier connecting the Levant with key cities across the Middle East, and Europe, as we continue to position Amman as the region's leading transit hub.' About Avolon Avolon is a leading global aviation finance company connecting capital with customers to drive the transformation of aviation and the economic and social benefits of global travel. We pride ourselves on our deep customer relationships, our collaborative team approach, and our fast execution. We invest with a long-term perspective, diversifying risk and managing capital efficiently to maintain our strong balance sheet. Working with 141 airlines in 60 countries, Avolon has an owned, managed, and committed fleet of 1,096 aircraft, as of 31 March 2025.
Yahoo
3 days ago
- Business
- Yahoo
Avolon Delivers Royal Jordanian's First Airbus A320neo
Delivery is first of 8 A320neos Avolon is leasing to Royal Jordanian Supporting Royal Jordanian's fleet expansion strategy Avolon has an orderbook of 294 A320neo family aircraft TOULOUSE, France, May 28, 2025--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, has completed the delivery of the first Airbus A320neo in Royal Jordanian's fleet. The delivery was celebrated today at a ceremony at the Airbus Delivery Centre in Toulouse and is the first of eight A320neos to be delivered by Avolon over the next 12 months. Royal Jordanian's first A320neo is configured with a 180 seat all economy layout, designed for customer comfort and efficient operations across its regional network. Future deliveries will feature a variety of cabin configurations, from all economy to premium layouts including lie flat beds on A321neo. The new aircraft will support Royal Jordanian's fleet expansion strategy in key markets across the Middle East, Africa, and Europe, and its transition to new technology aircraft. The A320neo delivers 20% lower fuel burn and CO2 emissions compared to previous-generation Airbus narrowbody aircraft, and 50% noise reduction. Royal Jordanian currently operates a fleet of 24 aircraft flying to 50 destinations and is planning to grow its fleet to 41 aircraft by 2028. Avolon and Royal Jordanian are long-standing partners and these A320neo family deliveries add to the two Boeing 787-8s Avolon already has on lease to the airline. At 31 March 2025 Avolon had 140 A320neo family aircraft in its fleet, with a further 294 on order. Paul Geaney, President and Chief Commercial Officer of Avolon, commented: "We are pleased to strengthen our partnership with Royal Jordanian with this first A320neo delivery. We are proud to play a central role in the airline's fleet expansion plans, leveraging our large orderbook to support Royal Jordanian's future growth. As passenger traffic in the region continues to grow, we look forward to future opportunities to work together." Samer Majali, Vice Chairman and CEO of Royal Jordanian, commented: "The delivery of our first A320neo marks a significant milestone in our fleet modernization strategy. This aircraft, with its advanced technology and enhanced fuel efficiency, will enable us to offer improved services to our passengers while reducing our environmental footprint. Configured with all economy seats, this aircraft will serve a number of popular tourist routes, supporting our goal to promote Jordan as a destination of choice. It also reinforces our role as the preferred carrier connecting the Levant with key cities across the Middle East, and Europe, as we continue to position Amman as the region's leading transit hub." About Avolon Avolon is a leading global aviation finance company connecting capital with customers to drive the transformation of aviation and the economic and social benefits of global travel. We pride ourselves on our deep customer relationships, our collaborative team approach, and our fast execution. We invest with a long-term perspective, diversifying risk and managing capital efficiently to maintain our strong balance sheet. Working with 141 airlines in 60 countries, Avolon has an owned, managed, and committed fleet of 1,096 aircraft, as of 31 March 2025. View source version on Contacts David Breen / Darragh CrowleyAvolon Investor Relationsir@ T: +353 1 231 5800 Douglas KeatingeAvolon Head of Communicationsdkeatinge@ T: +353 86 037 4163 Sign in to access your portfolio
