Avolon agrees €1bn deal for aircraft portfolio
Aircraft lessor to buy 118 aircraft with purchase of Castlelake Aviation Limited
Avolon
Avolon profits climb 38% in second quarter
Dublin-based lessor’s chief executive Andy Cronin said it was ‘another strong quarter’ for the company
Aircraft lessors battle their insurers for billions of euro in compensation for planes stuck in Russia
Dublin-based aircraft leasing companies are seeking billions of euro in compensation for aircraft stuck in Russia
Lawyers strike gold as Russia’s plane seizures spark lucrative litigation in Dublin
Legal action over valuable leased aircraft stranded in Russia generating €1 million in brief fees – plus €6,000 a day – for top commercial lawyers
Avolon raises $750m in new debt deal amid strong demand for aircraft
Aircraft lessor has raised $3.4bn this year from a variety of sources
Mammoth aircraft insurance case to begin today
Case tied to aircraft worth $2.5bn stranded in Russia after Ukraine invasion
Avolon delivers 12 new aircraft to customers in first quarter
Aircraft lessor executed 39 new leases, up from 31 over the same period in 2023
Unsolicited bid for Brown Thomas Arnotts, nursing home losses, and Dalton Philips plan to rebuild profits at Greencore
The best news, analysis and comment from The Irish Times business desk
Air fares to stay high this summer due to strong demand and a squeeze on availability of new aircraft
Prices reflect demand and cost of doing business, aircraft lessor Avolon says
Air travel growth will continue this year, analysts say
Ratings agency predicts pace of growth will normalise after initial post-pandemic surge
Avolon orders 140 new aircraft from Airbus and Boeing
Dublin-based lessor has ordered 100 A321 neo jets from Airbus, and 40 737 Max aircraft from Boeing
Insurers must provide documents to lessors suing over cover for planes held in Russia, court rules
Aircraft valued above €1bn not returned when companies sought relocation following Russia’s invasion of Ukraine
Lease revenue at Avolon rises in third quarter
But net income dips lower in three months to the end of September
Ireland has potential to be a global leader in developing sustainable aviation fuel
A new study estimates that by 2050 Ireland has the potential to develop an SAF industry generating revenues of €2.5bn and providing up to 1,000 high-skilled jobs
Green aviation fuel industry could be worth €2.55bn to Ireland
Republic must offer incentives and spend on research, says new report
Avolon completes 43 aircraft leases in third quarter
Irish aircraft lessor delivers seven new aircraft to customers
Airlines rush to avoid flight cancellations after Airbus engine recall
More than 1,000 Pratt & Whitney engines are affected, forcing carriers to change schedules and ground aircraft
Avolon partners with cabin supplier Soisa to recycle discarded aircraft materials
Waste materials, including over 800kg of leather, to be used to make traditional artisan products such as wallets, bags and aprons
Avolon earnings hit €69m in second quarter
Irish aircraft lessor orders 60 jets from Airbus and Boeing
Avolon says 31 leases agreed in second quarter
Aircraft lessor says five aircraft delivered between April and June
Lessor Avolon signs 20-aircraft deal with Airbus at Paris Air Show
Aircraft will reduce fuel consumption and emissions by 25% over previous generation planes
Higher fares set to squeeze air travel growth
World aircraft fleet will almost double in 20 years, says Irish lessor Avolon
Fittest Company challenge to raise funds for maternity care
National Maternity Hospital Foundation scouting for corporate interest in fundraiser sponsored by Avolon
Avolon to boost fleet with 40 ‘fuel-efficient’ Boeing 737 Max aircraft
Aircraft lessor’s net income declined 30% in first quarter excluding the impact of Russia’s seizure of assets
Jet lessors likely ‘face two year wait’ for insurance cash on planes in Russia
Dublin-based lessors seeking insurance payments for planes stranded in Russia amid Ukraine war
Government should expand controversial executive tax break, accountants say
Report calls for longer tax break covering more staff and including accommodation costs in move to boost Republic’s lucrative aircraft leasing business
Avolon executes 31 lease transactions in first quarter of 2023
Aircraft lessor says 2023 ‘started with positive momentum’ as airline passenger growth continues
Avolon delivers three new fuel-efficient aircraft to ITA Airways
Dublin-based lessor will help Italian airline towards its target of having 80% new generation fuel-efficient aircraft by 2026
Recession unlikely to ground air travel recovery, industry expert claims
Aircraft lessor Avolon predicts strong demand as China re-opens but warns there will be no quick fix on delays in new plane deliveries
Consumers prioritising travel, says aviation executive
Recession seems unlikely to hinder aviation recovery, asserts AerCap chief
Avolon chief predicts China New Year travel to drive aviation rebound
Aircraft lessor expects China’s reopening to international travel could propel global air traffic back to pre-pandemic levels as soon as June
Oxfam on Irish super-rich, medicine shortages, and film tax credits
Business Today: the best news, analysis and comment from The Irish Times business desk
Airline profits to soar, but $250bn required to produce sustainable jet fuel
Reports by PwC Ireland and Avolon note air travel rebound and investment required to hit carbon targets
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