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

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 leasing company Avolon extended the TLB-3 tranche of its senior secured $2.92 billion term loan B facility from January 2025 to June 2028 through a new TLB-6 tranche. The company also upsized the tranche to $1.68 billion. read more

JUN 9, 2023 - 7:03 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

In Q2/22, Avolon, an international aircraft leasing company, executed a total of 54 lease transactions consisting of new aircraft leases, follow-on leases and lease extensions. The company also entered letters of intent for the sale and leaseback of 13 aircraft and the placement of 31 aircraft. read more

JUL 8, 2022 - 7:24 am

Avolon, an aircraft leasing company, received an inaugural environmental, social and governance (ESG) risk rating score of 16.0 from Sustainalytics, placing it among the top 5% of its industry group in terms of its ESG performance. read more

JUL 5, 2022 - 7:04 am

A partnership of global leaders in aviation and airports, including Avolon, announced its intention to explore the infrastructure requirements to bring eVTOL passenger flight to Brazil within this decade. read more

JUN 6, 2022 - 7:33 am

Avolon executed 54 lease transactions in Q1/22. In addition, prior to Feb. 27, Avolon had 14 owned narrowbody aircraft and two managed narrowbody aircraft on lease to Russian lessees. Avolon terminated the leasing of these aircraft in line with EU sanction requirements. read more

APR 12, 2022 - 6:26 am