A320neo Lease: AerDragon Delivers Jets to Avianca

AerDragon closed a deal on September 15, 2025, acquiring two Airbus A320neo jets to lease to Colombian carrier Avianca.

On September 15, 2025, lessor AerDragon completed the purchase of two Airbus A320neo narrowbodies that will be placed with Avianca. The transaction involved VMO Aircraft Leasing and reflects steady appetite for modern, fuel‑efficient single-aisle aircraft in the Americas.

VMO Aircraft Leasing acted as a partner in the deal, underscoring how lessors and financiers are teaming up to supply Latin American airlines with next‑generation jets. Avianca’s move is part of a broader fleet renewal trend among regional carriers seeking better fuel burn and lower operating costs.

Why the A320neo lease matters

The A320neo family (new engine option) is popular because it delivers meaningful fuel savings and reduced emissions compared with earlier A320 variants. For airlines like Avianca, adding A320neo aircraft supports network optimization while helping meet sustainability targets and passenger demand on key short‑ and medium‑haul routes.

• Transaction date: September 15, 2025 — two Airbus A320neo aircraft.
• Parties involved: AerDragon (lessor), VMO Aircraft Leasing (finance/partner), Avianca (operator).
• Market impact: the A320neo lease highlights continued demand for new‑generation narrowbodies across Latin America.

From a lessor perspective, deals like this refresh portfolios and keep leasing pipelines busy — which also feeds into European original equipment manufacturers’ (OEM) order books and delivery schedules. For airlines, leasing A320neos instead of buying outright can be a faster, less capital‑intensive way to modernize fleets.

While this report focuses on the single transaction completed in mid‑September 2025, it’s a useful snapshot of how financing partners, lessors and carriers are aligning to navigate fleet renewal amid rising fuel and sustainability pressures. Expect similar A320neo lease activity in the region as airlines balance growth and efficiency.

Sources

• Company announcement — no external link provided in source material