Dublin | 21 August 2025: Avolon, a leading global aviation finance company, has delivered the first of six Boeing 737-8 MAX aircraft it has agreed to sale and leaseback with Virgin Australia.

Virgin Australia has been an Avolon customer since 2011 and Avolon already has eight aircraft on lease to the airline. The new aircraft will support Virgin Australia’s fleet growth and renewal plans.

Paul Geaney, President and Chief Commercial Officer, Avolon commented: “We have a strong and long-standing relationship with Virgin Australia and are delighted to support their plans with 6 new 737-8 MAX aircraft. The scale of our orderbook and balance sheet give us the ability to provide our customer airlines with bespoke solutions to support their expansion and fleet transition.”

Race Strauss, Chief Financial Officer at Virgin Australia, commented: “We value our ongoing partnership with Avolon and we are pleased to welcome our first 737-8 MAX with the lessor. We look forward to building on our relationship with Avolon through future deliveries.”

This delivery will be the 12^th 737-8 MAX aircraft in Virgin Australia’s fleet. 

ENDS

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 142 airlines in 60 countries, Avolon has an owned, managed, and committed fleet of 1,166 aircraft, as of 30 June 2025 (pro forma for the new Airbus order). www.avolon.aero

About Virgin Australia:

Virgin Australia (ASX:VGN) was founded in 2000 and is now one of the largest Australian airlines operating an extensive domestic network as well as short-haul international services, charter and cargo operations, and its loyalty program, Velocity Frequent Flyer. Velocity members can use their Points to redeem flights to over 650 destinations around the world through Virgin Australia and the airline’s extensive list of international partner carriers. Virgin Australia employs more than 8,000 people. For further information please visit virginaustralia.com.