International aircraft lessor Avolon reported its results for Q3/19, including a profit of $161 million for the quarter.
Other financial highlights from Q3 included:
Operational highlights from Q3 included:
“We have delivered a strong performance this quarter with a 17% increase in net income to $161 million. This result is testament to the hard work of every member of the Avolon team operating from our 7 offices globally,” said Dómhnal Slattery, Avolon CEO. “It is a challenging industry backdrop, but we continue to be nimble and are well positioned for all market conditions. Our investment grade rating continues to drive down the cost of our debt and further improve our already strong credit metrics. We have $6.3 billion of available liquidity to sustain the growth of our business and support the financing needs of our airline clients around the world.”
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