Avolon records positive second quarter results

Aviation finance company Avolon has reported a strong second financial quarter, generating a net income of $105 million and an operating cash flow of $448 million. Avolon’s net income for the period is an increase of 38% when compared to the same quarter last year, jumping from $78 million to $105 million. Similarly operating cash flow totalling $448 million is a 21% increase when compared to second quarter results from 2023. Total lease revenue also saw an increase, when compared to the same period last year, totalling $660 million which is an increase of 8% from $613 million. “This was