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Irish Lessor Avolon delivers 50th aircraft to Jetsmart's fleet
Dublin, Ireland headquartered aviation finance specialist Avolon has delivered the 50th Aircraft to the fleet of low-cost carrier, Jetsmart. The Airbus A321neo is the last of four A320neo family aircraft that Avolon has placed with Jetsmart and marks a fleet milestone for the South American carrier. Paul Geaney, President and Chief Commercial Officer of Avolon, commented: “We are excited to…
Avolon agrees lease deals for 20 aircraft to 3 Airlines
It’s been a busy week for Dublin-based aviation financing specialist Avolon, as it has agreed lease deals with three airlines for 20 aircraft. Etihad The largest deal is with Abu Dhabi-based Etihad, for which Avolon will provide the airline with nine Airbus A330neos and four A320neos, as announced at the Dubai Airshow. This is in addition to the six A330neos Etihad has ordered directly with…
Avolon agrees lease deal for six 737 Max to Royal Air Maroc
Dublin, Ireland-based aviation financing specialist Avolon has agreed a deal to lease six Boeing 737 Max aircraft to Moroccan flag carrier, Royal Air Maroc. The 737 Max 8 aircraft will join Royal Air Maroc’s fleet of 59 aircraft and makes the airline Avolons’ newest customer. The first two aircraft have already been delivered, with the remaining four to be delivered later this year and early…
Avolon delivers first of six Boeing 737 Max 8s to Virgin Australia
Dublin-headquartered global aviation finance specialist Avolon has delivered the first of six Boeing 737 Max 8s to Virgin Australia. The six 737 Max 8s are being delivered to Virgin Australia on a sale and leaseback arrangement, an arrangement where the purchased airliner is sold and then immediately leased back. Virgin Australia has been a customer of Avolon’s since 2011 and already has eight…
Avolon orders 90 new Airbus aircraft
Dublin-based leasing specialist Avolon has placed an order for 90 Airbus aircraft, bringing its total backlog with the European OEM to 413 aircraft. The latest order comprises 75 Airbus A321neo single-aisle airliners and 15 Airbus A330neo wide-body aircraft. Avolon was the launch customer for the A330neo and has 33 already in its fleet placed with airlines across the world, with 55 pending…
Avolon Reports Strong Q2 Performance with Robust Leasing Activity and Fleet Growth
Dublin-based aircraft leasing and finance company Avolon has reported a strong set of financial and operational results for the second quarter (Q2) of the year, underlining its position as a global leader in the aviation leasing sector. Over the course of Q2, Avolon secured lease agreements for 28 new aircraft, demonstrating sustained demand for its fleet. Impressively, 98% of the company’s…
Avolon agrees lease deal with AJet for 10 A321neos
Dublin headquartered leasing and aviation finance specialist Avolon has agreed a deal to lease 10 Airbus A321neos to Turkish Airlines’ low-cost subsidiary, AJet. The aircraft will come from Avolon’s extensive orderbook with Airbus which currently stands at 294 A320neo family aircraft and will be used to support AJets fleet renewal plans. Ajet currently operates 92 aircraft and flies to 100…
Avolon sees net income rise by 36%
Dublin, Ireland based leasing specialist Avolon has seen its net income increase by 36% in Quarter 1 of 2025. Avolon specialises in leasing airliners to airlines across the globe with a strong focus on modern fuel effecient aircraft. Quarter 1 (Q1) saw the Irish lessor have an income of $145 million compared to $107 million in Q1 of 2024 with leasing revenue totaling $683 million, a 10%…
