Dublin-headquartered leasing specialist Avolon reported a 79% increase in income for the last financial year, with a total income of $608 million. The company, which specialises in fuel-efficient modern airliner leasing, also recorded a record operating cash flow of $2 billion, up 15% from the previous year. Avolon has seen [read more]
Dublin-based aircraft leasing specialist Avolon and Air New Zealand have signed a memorandum of understanding (MoU) to research the commercialisation of electric aircraft along with battery hybrid and hydrogen-powered aircraft. The agreement between the two partners also includes the sale and leaseback of Conventional Take-off and Landing (CTOL) BETA Alia [read more]
Dublin-based leasing specialist Avolon has delivered the first of 20 Airbus A330neo’s to Malaysia Aviation Group, the parent of Malaysia Airlines. The placement of aircraft by Avolon includes 10 aircraft directly from Avolon’s order book with the OEM, Airbus, as well as 10 aircraft via sale and leaseback to the [read more]
Irish leasing and aviation financing specialist Avolon has reported a strong 9 months of 2024 with the purchase of 134 aircraft arranged during that period. The figures come as Avolon releases its 3rd Quarter (Q3) statement which shows that during Q3 it delivered 9 new aircraft, and transitioned the lease [read more]
Dublin Ireland headquartered aviation leasing specialists Avolon has agreed to acquire Castlelake Aviation Limited, including its aircraft portfolio along with orders and options. Castlelake’s assets consist of a $5bn aircraft portfolio with 105 aircraft already on lease with airlines, 70% of which are new technology aircraft, as well as commitments [read more]
Dublin, Ireland-based aircraft leasing specialist Avolon has announced it is partnering with Airbus through its ZEROe project to explore the financing and commercialisation of Hydrogen-powered aircraft. The announcement came at the Farnborough International Airshow and highlights the ambitions of both partners to meet the industry’s decarbonisation goals. Avolon is already [read more]
Dublin, Ireland-based leasing specialist Avolon has raised $750 million from a new credit facility with a syndicate of seven banks. Avolon which specialises in next-generation airliner leasing such as the A320neo family will extend the lessor’s lending capacity providing more opportunities in the airline sector. The latest credit line, which [read more]
Aviation leasing specialist Avolon has reported Quarter 1 results that show a year on year increase in net income of 91%. The Dublin based company specialises in leasing airliners to carriers around the globe with a fleet of 577 aircraft in service. During Q1 Avolon delivered 9 new aircraft and [read more]
Dublin based leasing specialist Avolon is continuing its growth with the order of 140 new aircraft from Airbus and Boeing. in its latest round of orders the global finance company has ordered 100 Airbus A321neos from Airbus and 40 Boeing 737 max jets from Boeing. The orders bring the total [read more]
Leading aviation finance company Avolon has completed the delivery of five new Airbus A320neos to Suadi Arbaian airliner Flynas. The Dublin-lased Lessor delivered the 5th aircraft direct from Toulouse yesterday on a sale and leaseback basis with the middle-esstern Low Cost Carrier (LCC). Paul Geaney, President and Chief Commercial Officer [read more]
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