Avolon

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In 2019, the airline had employed more than 10,000 staff and had operated 20 bases in 11 countries. Photograph: iStock

The High Court has approved a survival plan for the troubled airline Norwegian Air and related companies. In a written decision Mr Justice Michael Q(...)

The High Court has extended by another 50 days the protection period for Norwegian Air and three related subsidiaries from its creditors. Photograph: Pontus Lundahl/AFP via Getty Images

The High Court has extended by another 50 days the protection period for Norwegian Air and three related subsidiaries from its creditors. The extensi(...)

 Norwegian Air Shuttle: A key issue  is terminating leases on aircraft held by Irish companies and returning them. Photograph: Pontus Lundahl

It is no real surprise Kieran Wallace, the KPMG partner appointed as examiner to Norwegian Air Shuttle (NAS) and four Irish subsidiaries last November(...)

Irish companies Avolon, SMBC Aviation Capital and Goshawk were among those that have agreed terms with NAS and its subsidiaries

Creditors accused Norwegian Air Shuttle (NAS) of putting them under “unreasonable pressure” to settle claims as part of a rescue plan for the troubled(...)

Shane O’Neill says Atlantic Aviation has bought Flybe’s former aviation maintenance services in Brize Norton for an undisclosed sum. Photograph: Leon Neal/Getty

Shannon-based Atlantic Aviation Group has bought a former Flybe business that maintains cargo planes for Britain’s Royal Air Force (RAF). Formerly kn(...)

Avolon says  major airlines will weather the crisis, mainly due to government supports

Aircraft leasing company Avolon has predicted the recovery in the aviation industry will be faster than anticipated, driven by the availability of vac(...)

Seán Pattwell, chief executive of CW8 Communications: ‘Everybody likes the Irish, you know.’ Photograph: Robbie Reynolds.

Were it not for the pandemic, public relations boss Seán Pattwell would be among the Irish contingent headed for snowy Davos this January for the Worl(...)

‘Airlines will need ongoing access to emergency liquidity - including government support’. Photograph: Chris Ratcliffe/Bloomberg

More airlines will go out of business this year as the industry faces the loss of a further $38 billion, according to a new report. The International(...)

Norwegian Air is in examinership. Photograph: iStock

The High Court has wound up an Irish-registered company within the Norwegian Air airline group. An examiner was appointed to the airline, which owes(...)

Dómhnal Slattery, Avolon CEO (far right), said the level of airline distress “truly tested” the resilience of the sector.

It will take time for the aviation industry to recover from the Covid-19 pandemic but Irish headquartered Avolon, the international aircraft leasing c(...)

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