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]
Aviation finance specialists SMBC Aviation Capital (SMBC) has confirmed an order with Airbus for 60 A320neo family airliners bringing its total purchase of the type from Airbus to almost 340. The latest deal makes it clear that SMBC sees growing demand for Airbus’ single-aisle airliner family and provides it with [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]
Irish leasing specialist Avolon has announced it has committed to a further 40 Boeing 737 Max aircraft with a value of over $4 bn at list price. Avolon has been a max customer since 2017 and the new commitment will bring the total number of aircraft on Avolon’s books to [read more]
Dublin-based lessor CDB Aviation has completed the delivery of its 11th A321neo leased to low-cost carrier Wizz Air. CDB Aviation, the dedicated aircraft leasing platform of China Development Bank, completed the lease of the Airbus A321-271NX to Wizz Air today increasing its presence in the European market. The lessor has [read more]
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