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

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

Aircraft lessor Avolon has exceeded its 500-unit preorder of Vertical Aerospace’s VX4 electric aircraft within nine months. Avolon preordered the aircraft in June 2021 and has already placed all of the units as well as an additional 50 aircraft options. read more

MAR 29, 2022 - 6:37 am

AirAsia Aviation Group signed a non-binding memorandum of understanding to lease a minimum of 100 VX4 eVTOL aircraft from Avolon, an international aircraft leasing company. read more

FEB 16, 2022 - 6:45 am

Vertical Aerospace, an aerospace and technology company focused on zero emissions aviation, appointed Dómhnal Slattery non-executive chairman of its board of directors. Slattery is currently the founding CEO of Avolon, an aircraft leasing company. read more

JAN 27, 2022 - 6:20 am

Ciara Ruane joined aircraft leasing company Avolon to serve in the newly established role of chief people officer. Ruane will be responsible for leading people strategy, employee experience, rewards, retention, recruitment, diversity and inclusion and leadership development and learning for Avolon. read more

NOV 1, 2021 - 6:34 am

Avolon delivered $610 million of lease revenue and generated $195 million of net cash from operating activities in Q2/21. In addition, the company reported that John Higgins and Tom Ashe, who are both founding members of the company, will retire.  read more

JUL 28, 2021 - 7:02 am

Avolon, an international aircraft leasing company, and Vertical Aerospace, an electric vertical take-off and landing (eVTOL) company, entered an agreement for a $2 billion order for up to 500 eVTOL aircraft. read more

JUN 11, 2021 - 6:26 am

Avolon, an international aircraft leasing company, reported financial and operational results from 2020, including a 13% increase in lease revenue vs. 2019 and a 20% increase in total available liquidity. read more

FEB 12, 2021 - 6:31 am

Avolon executed a total of 31 lease transactions in Q4/20 consisting of new aircraft leases, follow-on leases and lease extensions, and delivered a total of 21 new aircraft in the quarter to seven customers and transitioned three aircraft to follow-on lessees. read more

JAN 15, 2021 - 7:01 am

Aircraft leasing company Avolon reported results for Q3/20, including lease revenue of $504 million and total liquidity of more than $5.7 billion. read more

NOV 2, 2020 - 7:14 am

Avolon, an international aircraft leasing company, appointed Paul Geaney to the role of chief risk officer and to its executive committee. A member of Avolon since 2010, Geaney most recently served as head of the OEM team and as a member of Avolon’s senior management team. read more

OCT 29, 2020 - 7:06 am

International aircraft leasing company Avolon reported more than $5.5 billion in total liquidity at the end of Q3/20. Avolon delivered four new aircraft and executed 55 lease transactions in the quarter. read more

OCT 13, 2020 - 7:14 am

International aircraft leasing company Avolon reported lease revenues for Q2/20 were $619 million. Avolon also executed a total of 16 lease transactions in the quarter comprising new aircraft leases, follow-on leases and lease extensions. read more

JUL 31, 2020 - 6:49 am

Avolon continued to reinforce its capital position and maintained more than $5 billion of total liquidity through the first half of 2020. read more

JUL 8, 2020 - 6:46 am