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

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 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, 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

Aircraft leasing company Avolon became a new customer of LifeKey, a component of Rolls-Royce’s LessorCare asset management offering which provides a single, comprehensive agreement for all Trent engine types. read more

FEB 12, 2019 - 6:55 am