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 [read more]
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 [read more]
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, [read more]
The airline of the Isles of Scilly Steamship Group, Skybus, has entered into a contract to provide two DeHavilland DHC6-300 Twin Otter aircraft to Guernsey based Aurigny Air Services for flights from Alderney Skybus will be adding two additional DH6-300 Twin Otters to its fleet in order to service the [read more]
South African regional carrier Airlink, a long-time Embraer operator, has committed to 10 Embraer E195-E2s becoming the newest operator of the type. The aircraft will be financed via leasing specialist Azorra and will add to the existing fleet of 68 aircraft. Choosing the E195 E2 was a natural choice for [read more]
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 [read more]
Global Airlines, the UK-based A380 startup that is the brainchild of entrepeuner James Asquith, was started with the goal of reinventing air travel and bringing it back to the golden age providing scheduled flights onboard an A380 super jumbo but could that all be about to change. According to an [read more]
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 [read more]
Airbus has gained an order for 50 Airbus A320neo aircraft from Japanese leasing specialist Jackson Square Aviation. The lessor, which is part of the Mitsubishi HC Capital Group, is a first-time customer for the European OEM with the deal showing the high demand for the single-aisle airliner family. The order [read more]
Dublin-headquartered leasing specialist Avolon reported a 79% increase in income for the last financial year, with a total income of $608 million. The company, which specialises in fuel-efficient modern airliner leasing, also recorded a record operating cash flow of $2 billion, up 15% from the previous year. Avolon has seen [read more]
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