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DRIVING EARNINGS GROWTH


INVESTORS


Avolon’s strategy is to invest in young, modern, fuel-efficient aircraft - leasing them to the world’s airlines - to drive earnings growth and returns for our shareholders.

INVESTOR LOGIN

US$2.6
billion

Total Revenue

US$718
million

Profit for the Year

Over US$5.7
billion

Available Liquidity

US$28.3
billion

Total Assets

FY 2019 Financial Highlights

CREDIT RATINGS


Avolon has received corporate/issuer credit ratings from four international credit rating agencies. Ratings are set out below

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QUARTERLY UPDATES

AVOLON ISSUES BUSINESS UPDATES AT THE END OF EACH CALENDAR QUARTER


Q1 2020

DOWNLOAD PDF PREVIOUS QUARTERS

GOVERNANCE AND BOARD OF DIRECTORS

PROVIDING EFFECTIVE OVERSIGHT & STEWARDSHIP OF OUR BUSINESS


Avolon has a strong, experienced Board comprising seven Directors: one independent Director, three Bohai nominees (including the Chairman), two ORIX nominees and one executive Director, Avolon's CEO.

  • Xiangdong (Adam) Tan Non-Executive Chairman

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    Xiangdong (Adam) Tan has served as a director and Chairman of the Board of Avolon since April 2016. Prior to joining Avolon, Mr. Tan has served as the Vice Chairman of the Board and Chief Executive Officer of the HNA Group since 2011 where he was in charge of its financial services, international business and logistics business. Additionally, Mr. Tan served as Executive Director of Hainan, Chairman of the Board of Directors of HNA Insurance Brokers Limited from 1997 to 2001, and various roles for Hainan from 1991 to 1997, including Senior Assistant to the President.

  • Denis Nayden Vice Chairman of the Board

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    Denis Nayden has served as Vice Chairman of the Board since April 2016 and was previously the Chairman of the Board from May 2010 to January 2016. Mr. Nayden also currently holds the positions of Chairman of Varagon Capital, a $7B direct lending asset manager and Chairman, Investment Committee member and Operating Investor at Harkness Capital Partners. Mr. Nayden also serves on the Board of Directors of buildOn (a non-profit organization) and LiteSheet Solutions. Mr. Nayden was formerly an Advisory Managing Partner of Oak Hill Capital from January 2017 to December 2017 and a Managing Partner from 2003 through 2016. Prior to joining Oak Hill, Mr. Nayden served as the Chairman and Chief Executive Officer at GE Capital. Mr. Nayden spent more than 25 years serving in various roles at GE Capital, including oversight of GE Capital Aviation Services. Mr. Nayden previously served as Chairman of the Boards of Duane Reade, Firth Rixson Limited, Omada International, Primus International and RSC Equipment Rental.

  • Kiyoshi Fushitani Non-Executive Director

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    Kiyoshi Fushitani has served as a director since November 2018. Mr. Fushitani is a member of the Board of Directors of ORIX Aviation. He also serves as Director and Corporate Executive Vice President of ORIX and is in charge of Head of Global Business Headquarters, Head of East Asia Business Headquarters and Head of Global Transportation Services Headquarters. Mr. Fushitani joined ORIX in 1975, and has held various roles within the ORIX Group, including Deputy President of ORIX USA Corporation, Director and Corporate Senior Vice President of ORIX Life Insurance Corporation, Deputy Head of Global Business Headquarters, President and Chairman of ORIX Investment Corporation up to the present post. Prior to joining ORIX, Mr. Fushitani spent two years working for The Sumitomo Bank. Mr. Fushitani holds a Bachelor Degree in Business Administration and Economics from Kobe University.

  • Chris Jin Non-Executive Director

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    Chris Jin has served as a director since January 2016. Mr. Jin has served as Chief Executive Officer of HNA Capital Group Co., Ltd. since November 2016. Mr. Jin served as the Chairman of the Board and Chief Executive Officer of Bohai from May 2015 to May 2017 and as the Chairman of the Board of Tianjin Bohai from May 2015 to May 2017. From October 2012 to April 2015, Mr. Jin was Deputy Chief Executive Officer and Chief Financial Officer of Seaco SRL, a sea container leasing company. From January 2011 to October 2012, Mr. Jin was the Chairman of the Board and President of HKIAL, an aircraft leasing company in Hong Kong. Before working with HKIAL, Mr. Jin worked in the Bank of China New York Branch in charge of credit and business development related matters. Prior to this, Mr. Jin worked with the Business Department, Credit Department and Corporate Department of Bank of China Headquarters in Beijing, China and at East- West Bank in California where he was in charge of its international business. Mr. Jin currently serves as Chairman of the Board of various Bohai entities.

  • Xiaofeng (Daniel) Chen Non-Executive Director

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    Xiaofeng (Daniel) Chen has served as a director since November 2018. Mr. Chen has served as the Assistant to Chairman and Vice CEO of HNA Group and as Chairman and CEO of HNA Group North America LLC, a wholly owned subsidiary of HNA Group since August 2018. Mr. Chen has also served as Vice Chairman of Swissport International Ltd., the world’s leading provider of ground and air cargo services, which is wholly owned by HNA Group, since August 2018. Mr. Chen has served on the board of Gategroup, BrightSphere Investment Group, and SR Technics since October 2018. Prior to joining HNA Group, Mr. Chen served as the President of Pacific American Investment Limited, an investment and asset management firm based in Hong Kong from 2008 to 2017. Mr. Chen founded Inception, LLC in 2005 and served as Managing Director from 2005 to 2008. Prior to founding Inception LLC, he served as President of Kingdom Investment Advisors Ltd from 2005 to 2008. Both entities consulted Chinese companies on financing, M&A and business development. Earlier in his career, Mr. Chen worked for Benedetto, Gartland & Company, a boutique investment bank based in New York City. Mr. Chen serves on several boards, including as a director and secretary general of the Cihang Charity Foundation, a trustee of the Pingry School, a member of summit advisory committee of the China Institute, and a trustee of the Hainan Chinese Overseas Friendship Association. Mr. Chen graduated from the University of Washington in 2002 with a Bachelor of Science degree in Industrial Engineering. In 2007, he completed the China Business Leader Executive Training Program at Harvard Business School

  • Dómhnal Slattery Chief Executive Officer

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    Dómhnal Slattery has served as our Chief Executive Officer since our inception in May 2010. Previously, Mr. Slattery served as the Managing Partner of Claret Capital Limited from 2006 through 2009. Mr. Slattery was the founding Chief Executive of RBS Aviation Capital from 2001 through 2004 and went on to become the Managing Director of the Structured Asset Finance business for the Royal Bank of Scotland plc. He continued to serve as a non-executive director of RBS AC until 2008. In 1994 Mr. Slattery established his own aircraft advisory and investment banking services company, International Aviation Management Group, which was acquired by RBS in 2001. Mr. Slattery began his aviation career in 1989 in marketing roles with Guinness Peat Aviation (GPA) and GE Capital Aviation Services

  • Kei Kitagawa Non-Executive Director

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    Kei Kitagawa is a member of the Board of Directors of ORIX Aviation. He also serves as Executive Vice President, Deputy Head of Global Transportation Services Headquarters and Head of Aviation and Investment Group for ORIX Corporation, the sole shareholder of ORIX Aviation. Kei Kitagawa joined ORIX Corporation in April 1998 where he spent 8 years in vender leasing jointly with an American multinational computer technology company. He then moved into the Aviation and Investment Group in March 2006 in a core role pioneering the Japanese Operating Leasing arrangement for ORIX Corporation. Kei Kitagawa was appointed to the Head of Aviation and Investment Group in March 2015 and Deputy Head of Global Transportation Services Headquarters in January 2019. Kei Kitagawa also has responsibility for the Aviation and Investment Group’s business strategies and budgets.

    Kei holds a Bachelor Degree in Law and a MBA in Finance from Chuo University, Tokyo.

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