$2.3bn deal for aircraft leasing firm

Irish-owned aircraft leasing company Avolon has struck a deal to buy 30 aircraft from Boeing in a deal valued at $2.3 billion (€1.87bn).

The Dublin-headquartered company will finance the deal for the 737 planes from existing lending facilities but will end up paying less than the $2.3bn list-price value.

The deal includes 20 of Boeing’s newest, most fuel-efficient 737 designs and will see Avolon take ownership from 2015.