08 July, 2022

Over 100 aircraft transactions for Avolon .......

Avolon, the international aircraft leasing company has released some details of its performance in the second quarter during which it conducted over 100 aircraft transactions. 

Avolon is headquartered in Dublin, Ireland, with offices in the United States, Dubai, Singapore, Hong Kong and Shanghai, executed a total of 54 lease transactions in the quarter comprising new aircraft leases, follow-on leases and lease extensions.  The firm entered into Letters of Intent for the sale and leaseback of 13 aircraft and the placement of 31 aircraft from Avolon’s orderbook;

It delivered 1 aircraft and transitioned 9 aircraft to follow-on lessees, sold 2 aircraft during the quarter and entered into binding sale agreements for the sale of 30 owned aircraft. It ended the second quarter with a total of 146 airline customers operating in 62 countries and owned and managed a fleet of 591 aircraft at quarter-end, with total orders and commitments for 260 fuel-efficient, new technology aircraft.