Avolon places 23 new aircraft in second quarter

Avolon has delivered 15 new aircraft as well as transitioned 10 aircraft to a total of 16 customers in its second quarter. In its second quarter update, it said it placed 23 aircraft from its orderbook. In addition, it sold six aircraft and entered into letters of intent for the sale of a further 17 aircraft. It executed 15 lease transactions, which comprised of new, follow-on and extended leases. By adding four new customers, it brought its total airline customer base to 142. The company ended the quarter with an owned and managed fleet of 582 aircraft, with total orders