Avolon fleet exceeds 100 aircraft in the first quarter of 2012

Avolon, the international aircraft leasing group, issues its 2012 first quarter update announcing that its fleet now exceeds 100 aircraft and that total capital raised has reached $4.6bn. Avolon’s fleet reached 103 aircraft during the first quarter comprising 99 owned and 4 managed aircraft. Avolon delivered 9 aircraft during the quarter (7 single-aisle and 2 twin-aisle) and committed to the purchase of an additional 7 aircraft delivering in 2012. Avolon’s delivered fleet now stands at 67 aircraft, valued at $3.2b and Avolon is scheduled to take delivery of its first direct new order aircraft which will deliver in June 2012 to a major Asian flag carrie.