Avolon adds another 140 Airbus and Boeing narrowbodies to the backlog
Category Avolon
Avolon confirms MoU for twenty Airbus A330neo’s
AviLease acquires young aircraft from Avolon
In an interesting transaction between lessors, Saudi Arabia’s AviLease is acquiring thirteen new-generation aircraft from Avolon. While the acquisition of aircraft by one lessor from another is not unusual, that is mostly for used ones. This deal is for new…
Lessor Avolon orders forty Boeing MAX
Lessor Avolon has placed an order with Boeing for forty MAX aircraft, it said on April 27. The aircraft will be delivered between 2027 and 2030. Avolon hasn’t specified the variants, but it is likely that the contract offers options to…
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…
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…