Avolon, a global aviation finance company, delivered the first of 20 Airbus A330neo aircraft it has agreed to lease to Malaysia Aviation Group, the parent company of Malaysia Airlines. read more

DEC 2, 2024 - 5:51 am

Castlelake has entered into a sale-purchase agreement with Avolon for the sale of a $5 billion, 118-aircraft portfolio held by Castlelake Aviation. read more

SEP 16, 2024 - 6:18 am

Avolon, a global aviation finance company, ordered 310 new engines to power 155 Airbus A320neo family aircraft in its order book. Avolon has ordered 160 GTF engines from Pratt & Whitney and 150 LEAP-1A engines from CFM International. read more

JUL 26, 2024 - 6:16 am

Aviation finance company Avolon reported lease revenue of $2.473 billion in 2023, an increase of 6% year over year. In addition, the company recorded operating cash flow of $1.751 billion (up 45% year over year) and adjusted EBITDA of $2.51 billion (up 6%). read more

FEB 9, 2024 - 6:53 am

The value of new aircraft deliveries is expected to rise by more than 15% to $100 billion in 2024, according to a paper published by aviation finance company Avolon. read more

JAN 29, 2024 - 6:50 am

Aviation finance company Avolon agreed to order 100 A321neo aircraft from Airbus and 40 737 MAX aircraft from Boeing. The aircraft are scheduled for delivery out to 2032. read more

DEC 13, 2023 - 6:49 am

Aircraft leasing company Avolon signed a memorandum of understanding with Airbus at the Paris Air Show to order 20 A330neo aircraft. The new aircraft are scheduled to be delivered between 2026 and 2028. read more

JUN 26, 2023 - 6:54 am

According to Avolon, the worldwide commercial passenger aviation fleet will almost double by 2024, growing 94% to 46,880 aircraft. Avolon estimates that more than $4 trillion will be required to finance the new passenger commercial aircraft to be delivered over the next 20 years. read more

JUN 15, 2023 - 5:54 am

Aircraft lessor Avolon reported that it delivered lease revenue of $599 million in Q1/23, down from $658 million in Q1/22. The company also reported $56 million in adjusted net income during the quarter, down from $80 million in Q1/22. read more

APR 27, 2023 - 7:03 am

Avolon reported fleet metrics and business highlights from Q1/23. During the quarter, the aircraft leasing company executed 31 lease transactions comprising new aircraft leases, follow-on leases and lease extensions. read more

APR 6, 2023 - 6:57 am

Avolon reported that in 2022 it increased revenue by 9% year over year to $2.337 billion and adjusted net income by 438% to $253 million, excluding impacts in Russia. The company also achieved a 35% increase in operating cash flow to $1.2 billion. read more

FEB 9, 2023 - 7:15 am

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. read more

JAN 11, 2023 - 7:19 am

Avolon appointed Ross O’Connor, Felipe Campos and Jim Morrison to new leadership positions within the company. read more

OCT 6, 2022 - 7:36 am

Avolon agreed to a transaction with Malaysia Aviation Group, owner of Malaysia Airlines, for the financing of 20 A330-900neo aircraft. read more

AUG 15, 2022 - 6:53 am

Dómhnal Slattery, CEO of Avolon, an international aircraft leasing company, will step down from his executive role and the company’s board in 2022. In response, Avolon’s board unanimously appointed Andy Cronin, Avolon’s current president and CFO, to the role of CEO designate. read more

JUL 26, 2022 - 7:16 am