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