Avolon, a leading global aviation finance company, has agreed to lease six Boeing 737-8 MAX aircraft to Royal Air Maroc. The deal marks Avolon’s first lease with Morocco’s national airline and further strengthens its presence in Africa’s fast-growing aviation market. Royal Air Maroc operates a fleet of 59 aircraft and flies to 98 destinations worldwide. […]
Avolon, Royal Air Maroc sign lease deal for six B737 MAXs Read More »
Caerdav has begun its new partnership with aviation leasing company Avolon, by carrying out its first transition check under a recently signed general maintenance agreement. The work was completed on an Airbus A320, preparing the aircraft for operation in Spain. Previously in service in Asia, the jet underwent a thorough transition process at Caerdav’s St.
Caerdav completes first Avolon aircraft transition Read More »
Avolon has released its update for the third quarter of 2025, reporting significant fleet activity and a series of major financing developments that underline its market strength. During the quarter, Avolon acquired 17 aircraft while selling 15, closing the period with 60 aircraft already agreed for future sale. The company also entered into letters of
Avolon secures growth with 90 new aircraft and US$2.2bn funding Read More »
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
Avolon delivers first of six B737-8 MAXs to Virgin Australia Read More »
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
Avolon strengthens Airbus partnership with 90-aircraft order Read More »
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
AJet to lease ten Airbus A321neos from Avolon Read More »
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
Avolon secures additional US$1.0 billion facility from Middle East Read More »
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
ACG to acquire 20 aircraft from Avolon in strategic portfolio expansion Read More »
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,
Avolon’s net income up 36% in Q1 2025 Read More »
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
Avolon reports 2024 results with 79% increase in net income Read More »
