05 Oct 2023

AVOLON Q3 BUSINESS UPDATE


Update for the third quarter of 2023

Dublin | 6 July 2023: Avolon, a leading global aviation finance company, issues an update for the third quarter (‘Q3’) of 2023.

Q2 Fleet Metrics

  • Executed 43 lease transactions comprising new aircraft leases, follow-on leases and lease extensions;
  • Delivered 7 new aircraft and transitioned 4 aircraft to a total of 7 customers;
  • Sold 14 aircraft and entered letters of intent for the sale of a further 15 aircraft;
  • Entered into letters of intent for the sale and leaseback of 16 aircraft; 
  • Confirmed order for 20x A330neo aircraft, and placed the first of these aircraft; 
  • Added 1 new customer, giving a total of 147 airline customers operating in 65 countries; and,
  • Ended the quarter with an owned and managed fleet of 568 aircraft, with total orders and commitments for 329 fuel-efficient, new technology aircraft.

For Further Information Please Contact

David Breen / Joe Brennan
Avolon Investor Relations
[email protected]
T: +353 1 231 5800

Douglas Keatinge
Avolon Head of Communications
[email protected]
T: +353 86 037 4163

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