AWAS finalises €700m Airbus deal

AWAS has finalised a $1.2 billion (€0.7bn) deal for the purchase of six Airbus A330-300 aircraft.

The Dublin-based firm, which is one of the world’s largest aircraft leasers, will lease the aircraft to Singapore Airlines, with the first of the new aircraft being delivered next year.

AWAS president and chief executive Franklin Pray said: “This is a significant transaction as it is a follow-on from the order of up to 100 new A320 single aisle aircraft from Airbus in January. It reflects our goal to further diversify our aircraft portfolio and broaden the appeal to our airline customers.