Global aviation finance company Avolon has announced orders for 310 new engines to power 155 Airbus A320neo-family aircraft in its order book. The order consists of 160 GTF engines from Pratt & Whitney and 150 LEAP-1A engines from CFM International. The combined orders, announced at the Farnborough Airshow, are valued at over US$5 billion at […]
Avolon orders 310 new engines for Airbus A320neo fleet Read More »
Avolon, a global aviation finance company, has issued an update for the second quarter (Q2) of 2024. During the second quarter, Avolon delivered 15 new aircraft and transitioned ten aircraft to a total of 16 customers. The company sold six aircraft and entered into letters of intent for the sale of a further 17 aircraft.
Avolon issues second-quarter 2024 update Read More »
Avolon, a prominent global aviation finance company, has announced the successful raising of US$750 million through a new unsecured credit facility involving a syndicate of seven banks, predominantly from the Middle East and India. This transaction enhances Avolon’s capital diversity, tapping into new liquidity pools that have a strong interest in high-quality lending opportunities within
Avolon secures US$750 million in unsecured credit facility Read More »
CDB Aviation, an entirely owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), has finalised the acquisition of four Airbus aircraft from Avolon. The acquired assets include one A330-900, two A321neo and one A320ceo aircraft, featuring both fixed and floating rate leases with CDB Aviation’s current and new airline clientele. “We
CDB Aviation acquires four aircraft from Avolon Read More »
Aviation finance powerhouse Avolon has finalised an agreement with Cebu Pacific, the renowned low-cost carrier from the Philippines, for the sale and leaseback of four brand-new Airbus A330neo aircraft. The delivery schedule spans from late 2024 to 2026, with the first aircraft set for arrival later this year. These cutting-edge aircraft will play a pivotal
Avolon, Cebu Pacific sign sale and leaseback deal for A330neos Read More »
Avolon, an aviation finance company, has achieved a net income of US$110 million for the fourth quarter of 2023 and for the full year, it recorded a net income of US$339 million. This marks a significant increase of US$330 million compared to FY22, representing a 34% growth when excluding the impact of Russia in FY22.
Avolon reports robust financial performance for 2023 Read More »
Avolon, the international leasing powerhouse, is making significant strides in expanding its aircraft portfolio with recent firm orders for Boeing and Airbus aircraft. The Ireland-based lessor has inked a deal with Boeing to acquire an additional 40 737-8 airplanes, further augmenting its 737 MAX portfolio. This expansion, which includes both 737-8 and 737-10 variants, will
Avolon diversifies portfolio with Boeing and Airbus orders Read More »
Global aviation finance company Avolon has agreed the sale-and-leaseback of nine new Airbus A320neo-family aircraft with the Cathay Group, a leading Asian airline group. The aircraft are scheduled for delivery in 2026 and 2027 and the transaction comprises a mix of A321neos and A320neos, adding new technology aircraft to support the Cathay Group’s long-term commitment
Avolon and Cathay Group sign agreement for sale-and-leaseback of Airbus aircraft Read More »
Avolon has signed a binding agreement for its order of 20 new A330neo aircraft from Airbus. The order firms up a memorandum of understanding signed at the Paris Airshow in June. The new aircraft are scheduled to be delivered between 2025 and 2028. Avolon was a launch customer for the A330neo programme in 2014 and
Avolon completes order with Airbus for 20 A330neo aircraft Read More »
Avolon, a leading global aviation finance company, has partnered with Soisa Aircraft Interiors on a project to turn scrap material from old aircraft into craft products. Waste materials, including over 800 kg of leather, are donated to members of the Tarahumara tribe in Chihuahua, Mexico, who make them into traditional artisan products like wallets, bags,
Avolon and Soisa partner to recycle used materials Read More »
