Avolon Liveried A321neo
Aviation engineering news

Avolon reports strong first 9 months of 2024

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]

Avolon Airbus A330
Aviation engineering news

Avolon acquires 118 aircraft with Castlelake takeover

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]

Airbus ZEROe concept aircraft
Aviation engineering news

Airbus and Avolon partner to investigate commercialising Hydrogen aircraft

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]

Avolon Liveried A321neo
Aviation engineering news

Avolon raises $750 million from new credit facility

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]

Avolon Airbus A330
Aviation engineering news

Avolon reports 91% increase in net income

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]

Aviation engineering news

Avolon delivers five A320Neos to Flynas

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]

Airbus A330neo (Image: UK Aviation Media)
Airline news

Avolon firms up order for 20 A330neos

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]