Europe

Avolon posts Q2 update

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Avolon posts Q2 update

Dublin-based lessors Avolon have announced trading results for the second quarter of 2014.

Avolon took delivery of 13 owned and 2 managed aircraft during Q2, secured additional debt commitments of $920 million and ended the quarter with an overall fleet of 202 aircraft.

Included in those results is Avolon’s joint venture with Wells Fargo, Avolon Capital Partners, which took delivery of two aircraft during the period.

Avolon’s global customer base also saw an increase by 12 airlines, reaching a total of 48 by the end of Q2.