Avolon, the international aircraft leasing company, has announced results for the 2018 full year.
Avolon’s lease revenue for the year was US$2.6 billion; an increase of 10% year on year. The company generated US$2.2 billion of net cash of operating activities in 2018 and delivered US$717 million in profit for the year, an increase of 30%.
Avolon has declared and paid shareholder dividend of US$490 million. At year end Avolon had US$16.6 billion future contracted rental cashflows and ended 2018 with US$5.7 billion of available liquidity in unrestricted cash, undrawn revolving credit facilities and undrawn secured and unsecured debt.
