Avolon releases second quarter 2015 trading update

Avolon, the international aircraft leasing company, issued an update for the second quarter of 2015 (‘Q2’). Avolon agreed sale and leaseback transactions for 14 new aircraft in Q2 and delivered 14 new aircraft and sold three aircraft resulting in a 19% increase in its owned and managed in-service fleet to 152 aircraft at the end of June, 2015. Avolon’s total fleet increased 29% year-on-year to 260 aircraft at the end of June, 2015.