Avolon, the aviation finance company, has successfully completed its acquisition of Castlelake Aviation from Castlelake L.P.’s aviation platform. The transaction, which was first disclosed on September 13, 2024, includes a substantial portfolio comprising 106 aircraft currently on lease, as well as commitments for ten new-technology aircraft.
This strategic acquisition significantly enhances Avolon’s already impressive fleet, raising the total number of aircraft in its portfolio to 1,129. This includes 664 aircraft owned and managed by Avolon, with an additional 465 new-technology aircraft commitments.
Clifford Chance and KPMG advised Avolon on the transaction, ensuring the process was executed efficiently and in line with the company’s long-term objectives. The addition of Castlelake Aviation’s assets to Avolon’s fleet strengthens the company’s position as one of the largest and most diversified aircraft leasing firms, with a robust portfolio that continues to evolve to meet the demands of a rapidly changing aviation market.
Avolon has built a reputation for fostering strong relationships with customers and executing swiftly in an ever-changing market. With a fleet now encompassing 1,129 aircraft on a pro forma basis as of December 31, 2024, Avolon is well-positioned to drive the transformation of the aviation sector. The company’s commitment to innovation and sustainability is reflected in its growing portfolio of new-technology aircraft, which will play a pivotal role in shaping the future of global air travel.
Operating across 59 countries and working with 140 airlines, Avolon continues to expand its global reach and diversify its risk profile, while maintaining a strong balance sheet. With its long-term investment strategy and efficient capital management, Avolon remains a driving force in the aviation finance industry, contributing to the ongoing economic and social benefits of global travel.
