World, As Seen from the most beautiful islands: Ireland and Cyprus

Avolon cancels order on 27 Boeing 737 MAX jets

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Irish Avolon lease company announced on Tuesday that it would cancel orders for a further 27 Boeing 737 MAX aircraft. In April, the company already cut 75 orders for MAX series aircraft. Avolon is suffering from the consequences of the COVID-19 pandemic, according to Reuters.

The lease company also canceled one Airbus A330neo. Earlier, four orders for that type were already removed from the books. The delivery of three A320neos has been postponed to 2022.

The 737 MAX has been grounded since March 2019 after two fatal accidents in five months. Boeing and the United States Federal Aviation Administration (FAA) completed certification test flights last week, a significant milestone for returning the aircraft to service.

Avolon now also still has 37 MAX aircraft on order.

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Written by: Patrick O'Brien

Patrick O'Brien is a student who is taking only the first steps in journalism. The main interest is events from the world of macroeconomics and finance.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

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