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.
