Virgin Australia Boeing 737-8 MAX © Avolon

Avolon delivers first of six B737-8 MAXs to Virgin Australia

Aviation finance company Avolon, has announced the delivery of the first of six Boeing 737-8 MAX aircraft to Virgin Australia as part of a sale-and-leaseback agreement. The deal further strengthens the long-standing partnership between the lessor and the airline, which dates back to 2011. Avolon currently leases eight aircraft to Virgin Australia, and this latest […]

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Rendering of Avolon's A321neo and A330-900 aircraft

Avolon strengthens Airbus partnership with 90-aircraft order

Aircraft & Engines

Global aviation finance company Avolon has ordered 90 Airbus aircraft comprising 15 A330neo and 75 A321neo jets. This new order increases its total Airbus fleet commitments to 79 A330neos and 264 A321neos. Avolon CEO Andy Cronin said the deal reflected “strong confidence in the long-term demand for new aircraft”, adding that Avolon’s scale and financial

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AJet will lease ten new A321neo planes from Avolon

AJet to lease ten Airbus A321neos from Avolon

Aircraft & Engines

Avolon, a global aviation finance company, has signed an agreement to lease ten Airbus A321neo aircraft to AJet, the low-cost subsidiary of Turkish Airlines. The agreement, signed during the Paris Air Show, includes aircraft deliveries scheduled for 2027 and supports AJet’s plans to modernise its fleet and expand its route network. AJet currently operates 92

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Avolon secures additional US$1.0 billion facility from Middle East

Financial

Avolon Holdings Limited (Avolon), a global aviation finance company, has announced it has raised US$1.0 billion in a new unsecured dual-tranche bank facility (the Facility) with a syndicate of six banks in the Middle East. The facility will comprise a conventional tranche and an Islamic tranche, both with a four-year term. Emirates NBD Capital Limited

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ACG to acquire 20 aircraft from Avolon in strategic portfolio expansion

Aircraft & Engines

Aviation Capital Group LLC (ACG) has signed a definitive agreement with Avolon Aerospace Leasing (Avolon) to acquire a portfolio of 20 aircraft. The deal comprises 16 narrow-body and four wide-body aircraft, with a strong emphasis on new-technology types—12 of the narrow-body and all of the wide-body aircraft fall into this category. The portfolio being acquired

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Avolon’s net income up 36% in Q1 2025

Financial

Avolon, the global aviation finance company, has reported strong financial results for the first quarter (Q1) of 2025, with net income rising 36% year-on-year to US$145 million. Lease revenue reached US$683 million, a 10% increase compared with Q1 2024. The company generated robust operating cash flow of US$365 million, up 8% year-on-year. During the quarter,

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Avolon reports 2024 results with 79% increase in net income

Financial

Global aviation finance company Avolon has announced its full-year results for 2024, reporting a net income of US$608 million, marking a 79% increase year on year. Adjusted net income stood at US$458 million, up 35% compared to the previous year, excluding settlement proceeds of US$177 million (US$150 million net of tax) from insurance claims related

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Aircraft lessors settle insurance disputes over Russia-stranded jets

Financial

Aircraft lessors Avolon and BOC Aviation have settled lawsuits in the High Court against insurers over jets stranded in Russia after Western sanctions in 2022, the companies announced on February 7. According to REUTERS, the trial, which began last June, involved approximately US$2.7 billion in insurance claims. SMBC Aviation Capital, another major lessor, confirmed it

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Avolon completes acquisition of Castlelake Aviation

Financial

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,

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Malaysia Airlines has taken delivery of its first of 20 A330neo aircraft at Airbus’s Delivery Centre in Toulouse © Avolon

Malaysia Airlines takes delivery of first A330neo from Avolon

Aircraft & Engines

Avolon has delivered the first of 20 Airbus A330neo aircraft to Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines. The milestone delivery took place at Airbus’ Delivery Centre in Toulouse, with the remaining aircraft scheduled for delivery through to 2028. The transaction, announced in August 2022, includes ten A330neo aircraft sourced from Avolon’s

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Avolon delivers first of six B737-8 MAXs to Virgin Australia

Avolon strengthens Airbus partnership with 90-aircraft order

AJet to lease ten Airbus A321neos from Avolon

Avolon secures additional US$1.0 billion facility from Middle East

ACG to acquire 20 aircraft from Avolon in strategic portfolio expansion

Avolon’s net income up 36% in Q1 2025

Avolon reports 2024 results with 79% increase in net income

Aircraft lessors settle insurance disputes over Russia-stranded jets

Avolon completes acquisition of Castlelake Aviation

Malaysia Airlines takes delivery of first A330neo from Avolon

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