Dublin, Ireland-based leasing company Avolon placed an order with Boeing for 12 Next-Generation 737-800 aircraft at this year's Farnborough Air Show. The order is valued at around $921 million at list prices. Avolon is a brand new leasing outfit in the aviation sector, having just launched recently in May 2010. Hopefully this is a sign that the aviation industry is coming out of its cyclic downturn and heading for greener pastures, especially with the number of orders that both Boeing and rival Airbus have been racking up at this year's show.
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