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
Avolon, a global aviation finance company, repriced and extended its $2.33 billion senior secured term loan B-6 facility. The facility priced at SOFR plus 1.75% (from 2.00% previously), and its maturity was extended by two years to 22 June 2030. read more
OCT 11, 2024 - 6:15 am
Avolon, a global aviation finance company, issued an update for Q3/24, highlighting its lease activity within the first nine months of 2024 and its intention to acquire Castlelake Aviation. read more
OCT 7, 2024 - 6:07 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
Avolon partnered with Airbus to support the development of hydrogen-powered commercial aircraft through Airbus’ ZEROe project. Airbus and Avolon will investigate how future hydrogen-powered aircraft could be financed, commercialized and supported by the leasing business model. read more
JUL 25, 2024 - 6:28 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 consolidated the $656 million TLB-5 tranche and $1.68 billion TLB-6 tranche of its senior secured term loan B facility into one $2.33 billion TLB-6 tranche. read more
DEC 28, 2023 - 6:49 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
Aviation finance company Avolon completed the delivery of five new Airbus A320neos to Middle Eastern low-cost carrier Flynas, completing a sale and leaseback transaction for the aircraft agreed to in May 2022. read more
NOV 9, 2023 - 6:52 am
Aviation finance company Avolon agreed to the sale and leaseback of nine new Airbus A320neo family aircraft with the Cathay Group, an Asian airline group. The aircraft are scheduled for delivery in 2026 and 2027 and the transaction consists of a mix of A321neos and A320neos. read more
OCT 10, 2023 - 6:49 am
Aviation finance company Avolon executed 43 lease transactions comprising new aircraft leases, follow-on leases and lease extensions in Q3/23. In addition, the company solid 14 aircraft and entered letters of intent for the sale of 15 additional aircraft. read more
OCT 6, 2023 - 6:50 am
Aircraft leasing company Avolon executed 31 lease transactions comprising new aircraft leases, follow-on leases and lease extensions in Q2/23. read more
JUL 10, 2023 - 7:09 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