Avolon reports 9% revenue jump for 2022
Avolon reported a 9% leasing revenue increase to $2.3bn and adjusted net income of $253 million for 2022, five times as much as the year before. Cashflow climbed 35% for the year to $253 million, the ...
Avolon reported a 9% leasing revenue increase to $2.3bn and adjusted net income of $253 million for 2022, five times as much as the year before. Cashflow climbed 35% for the year to $253 million, the ...
Ireland-based international aircraft lessor Avolon has delivered five new Boeing 737-8 MAX aircraft to recently-established Indian carrier Akasa Air. The first delivery took place in December 2022 and...
Akasa Air has taken delivery of five new Boeing 737 MAX aircraft from Avolon over the past couple of months. The agreement is Avolon's first sale and leaseback deal with Akasa Air - the five new 737 M...
Lessor Avolon says the aviation industry is set to "thrive" in 2023 with commercial traffic on track to return to pre-pandemic levels by mid-year. "After a 70% recovery in passenger traffic last year ...
Dublin-based lessor Avolon reported an increase in lease activity in 2022, carrying out 237 lease transactions during the year as air travel rebounded. Avolon said it delivered, transitioned and sold ...
Avolon has partnered with Boeing, ORIX Aviation, SFS Ireland, and SkyNRG, to conduct a feasibility study into the production of Sustainable Aviation Fuel (SAF) in Ireland. This partnership reflects Av...
Avolon recently opened a new office in Singapore accompanied by a brief ceremony and a meeting with the local team. The ceremony was attended by Ireland’s Deputy Prime Minister (Tánaiste) and Minister...
Avolon has appointed Doug Keatinge as the Head of Communications. Doug will be responsible for leading Avolon’s corporate and financial communications. Andy Cronin, Avolon CEO, commented: “Avolon has ...
Avolon ended the third quarter of 2022 as the most profitable quarter post-pandemic with a net income of $141 million, $546 million of lease revenue, and $278 million of net cash from operating activi...
Avolon carried out about 54 lease transactions in the third quarter of 2022 including new lease agreements, follow-on leases, and lease extensions. The lessor also signed a landmark deal for the finan...
Avolon has announced new appointments to the roles of Chief Financial Officer (CFO), Chief Operating Officer (COO), and Chief Risk Officer (CRO). Ross O’Connor, Avolon’s Head of Capital Markets, has b...
Jet Airways has entered into a lease agreement with Avolon for Airbus A320. As per the sources, the six-month-old aircraft was leased to Russian carrier S7 Airlines. The aircraft was ferried back from...
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