Avolon, an aircraft leasing company, issued an update for Q4/22. Avolon executed 75 lease transactions in the quarter comprising new aircraft leases, follow-on leases and lease extensions.
“2022 was a successful year for Avolon as borders reopened around the globe and our customers returned to the skies, capitalising on the pent-up demand for travel,” Andy Cronin, CEO Avolon, said. “This appetite for travel was reflected in the increased utilisation of our fleet compared to 2021, with demand for both our new and used aircraft support- ing our strong leasing and trading activity.
As we enter 2023, the outlook for the business is positive; we have an industry leading platform, an orderbook of new technology aircraft, a global footprint and a robust balance sheet. We are well positioned to continue to support our customers and capitalise on the improving market backdrop.”
Avolon’s Q4/22 Business Highlights:
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