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]
Dublin, Ireland based aviation leasing specialist Avolon has delivered a strong set of 3rd quarter results showing an 8% increase in leasing revenue. The company made $588m from leasing the 3rd quarter of 2023 compared to $546m in the same period of 2022. During that period Avolon executed 43 lease [read more]
Dublin based Aviation leasing specialist Avolon has firmed up an order for 20 A330Neo from Airbus. The deal was originally announced as a Memorandum of Understanding (MoU) at the Paris Airshow. Avolon was a launch customer for the A330neo the airliner has proved popular with many airlines chosing to upgrade [read more]
Dublin based leasing specialist Avolon has completed the delivery of its 100th Airbus A320neo. The aircraft was delivered to Philippines airline CEBU Pacific and is the second of three A320neos with the third to be delivered later this month. Paul Geaney, President and Chief Commercial Officer, Avolon commented: “As one [read more]
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