Avolon

Avolon cancels another 27 Boeing 737 MAX

After the cancellation of 75 Boeing 737 MAX orders in April 2020, the Irish-based lessor Avolon reduced its orderbook by another 27 of the jets on July 7, 2020, to consolidate its capital amidst the coronavirus crisis. The 27 aircraft were expected to be delivered between 2020 and 2022....


Airbus orderbook variations: 100 planes in, 50 out?

It is an interesting week for Airbus. Two days after the plane maker announced signing a deal for 100 aircraft, another company’s client, already holding same size deal, opened up about having second thoughts.  ...


Boeing, Avolon finalize deal for 75 737 MAXs

Boeing and Avolon, the international aircraft leasing company, finalized an order for 75 737 MAX airplanes on November 19, 2017. The confirmed order is for 55 MAX 8s and 20 MAX 10s, with options for 20 additional MAX 8s....


Avolon delivers 17, sells 20 aircraft in 1Q 2017

Avolon, an aircraft leasing company based in Dublin and Hong Kong, reported that in the first quarter of 2017 it has completed the acquisition of the CIT Group aircraft leasing business (CIT Aviation) on April 4, 2017. The pro-forma combined businesses delivered a total of 17 aircraft in the first quarter and sold 20 aircraft, including three managed aircraft....


Avolon, portfolio up by 69% to 435 aircraft in 2016

Avolon, an aircraft leasing company based in Dublin and Hong Kong, reported that its owned, managed and committed fleet grew 69% in 2016 to 435 aircraft by the end of 2016. The company claimed that the fleet will double in 2017 on completion of the acquisition of the aircraft leasing business of CIT Group....


Avolon adds 5 banks for transaction with CIT Group

Avolon, an international aircraft leasing company, announces that it has placed 35% of the US$8.5 billion debt financing facilities, led by Morgan Stanley & Co. (Morgan Stanley) and UBS Investment Bank (UBS), for the acquisition of the aircraft leasing business of CIT Group....


Avolon delivered 31 aircraft in Q3 2016

Avolon , the aircraft leasing company based in Dublin and Hongkong, issued a transaction report for the third quarter of 2016 (Q3). By the end of the Q3, the company has a portfolio of 432 owned and managed aircraft....