Avolon signs sale and leaseback transactions for 19 new aircraft in Q1

Avolon, the international aircraft leasing company, issues an update for the first quarter of 2015 (‘Q1’). Avolon agreed sale and leaseback transactions for 19 new aircraft in the first quarter, adding a further US$841m of commitments to Avolon’s pipeline. At the end of the first quarter, Avolon had a delivered (owned and managed) fleet of 143 aircraft and commitments for 108 aircraft driving future growth.