Further sales of aircraft lessors likely as two deals loom
Genesis and Macquarie AirFinance on the market
Avolon
Jet delivery backlog hinders airline growth
Air travel demand buoyant but manufacturer production is running behind, notes Avolon report
Final Irish cases on planes seized in Russia almost resolved, court told
Six aircraft lessors had filed €2.5 billion worth of legal claims in 2022
Aviation safety expert Eamonn Brennan joins air taxi developer
Vertical Aerospace is developing green battery-powered vertical take off craft
Avolon profits soar, helped by $150m net insurance payout relating to aircraft in Russia
Company reaches record operating cashflow of $2bn
Avolon completes purchase of portfolio of planes in deal worth almost €1.2bn
Acquisition from Castlelake includes a portfolio of 106 aircraft on lease and commitments for 10 new-technology aircraft
Avolon to support new film award at Dublin International Film Festival
Partnership will also look to increase access to the festival through offer of free or discounted tickets
Avolon agrees €1bn deal for aircraft portfolio
Aircraft lessor to buy 118 aircraft with purchase of Castlelake Aviation Limited
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
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