All Avolon articles
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NewsAir New Zealand signs up for electric freighter
Air New Zealand and aviation finance firm Avolon have signed a letter of intent for the sale and lease back of an electric cargo aircraft from manufacturer Beta
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NewsAvolon chief executive to step down
Photo: AvolonInternational aircraft leasing company Avolon's chief executive Dómhnal Slattery plans to step down from his executive role and the company's board in 2022.The board of the Dublin-headquartered company has appointed Andy Cronin, Avolon’s president & chief financial officer to the role of chief executive designate.Additionally, Paul Geaney, Avolon’s chief ...
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Top ESG marks for aircraft leaser Avolon
Ireland-based international aircraft leasing company Avolon said it has been placed in the "Low Risk" category by Environmental, Social and Governance (ESG) Risk Rating organisation, Sustainalytics.Its inaugural rating score was 16.0, reflecting “a strong performance across a broad range of ESG metrics”, based on a scale of 100–0, from highest ...
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Avolon reports Q1 2022 net loss of $182m
International aircraft leasing company Avolon has reported an impairment of $304m and a net loss of $182m for the first quarter of 2022 as a result of the Ukraine-Russia war.As of March 31, Avolon had 10 owned aircraft located in Russia representing less than 1% of Avolon’s portfolio value net ...
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Lessor Avolon targets cargo with A330 conversion deal
Aircraft leasing firm Avolon will become the launch customer for Israel Aerospace Industries' (IAI) A330-300 freighter conversion programme after signing a deal for 30 of the aircraft.The agreement will see Avolon partner with IAI on its STC development and take 30 A330-300 conversion slots between 2025 and 2028.The aircraft have ...