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Avolon: $304 million impairment on Russia

Avolon has taken a $304 million impairment on aircraft leased to Russian customers that are now subject to international sanctions. The recognition reduces the carrying value of ten aircraft to zero, the lessor said on May 3 in its Q1 results update. Avolon: $304...

Avolon thinks the worst is over for the industry

Lessor Avolon thinks that the airline industry has reached an inflection point and is now in the re-build phase to sustained profitability. The company returned to profitability in 2021, reporting a $47 million net profit on February 8. Avolon thinks the worst is over...

Avolon fires warning shot as it cancels 75 MAX

Lessor Avolon fired a warning shot on April 3 on what airframers can expect in the coming weeks and months as it announced a number of cancelations and aircraft delivery deferrals. Hit the hardest is Boeing, which has lost 75 MAX from the books. Facing the current and...

Falko Regional Aircraft Limited reaches agreement with Avolon relating to regional aircraft portfolio

Falko Regional Aircraft Limited, a market leading aircraft operating leasing and asset management company focused on the regional aircraft sector, announced that it reached an agreement with Avolon in relation to the acquisition of 49 regional jet aircraft. This...

Avolon thinks the worst is over for the industry

Dec 17, 2018 | AerCap, Air Asia, Air Lease Corp, Airbus, Airlines, ALAFCO, American Airlines, Avolon, BOC, Boeing, Bombardier, CDB Leasing, China Aircraft Leasing Group Holdings Ltd, China Development Bank Leasing, COMAC, DAE, Delta Air Lines, Embraer, Frontier, GECAS, ILFC, KLM, Lessors, Mitsubishi, Norwegian Air, Volaris, Wizz Air

Leasing of aircraft has taken a jump. Yet airlines prefer to buy them outright too. Richard Schuurman looks at the...