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 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(...)

Dómhnal Slattery, Avolon chief executive, acknowledged that Covid-19 restrictions posed extreme challenges to global aviation in 2020. Photograph: Jason Clarke

Aircraft lessor Avolon lost €30 million last year as Covid-19 restrictions hit air travel, the Irish company said on Thursday. Dublin-headquartered A(...)

Aircraft Leasing Ireland represents 32 lessors, which provide craft to airlines around the world, supporting 5,000 job and generating around €575 million for the Republic’s economy.

Declan Kelly, GE Capital Aviation Services (GECAS) executive, is taking over as chairman of lobby group, Aircraft Leasing Ireland. The organisation, (...)

A letter, posted from one of the company’s verified Chinese social media accounts, said HNA had raised “harsh criticism” of the head of finance and other related executives.

Chinese giant, HNA, which owns 52 per cent of Irish aircraft lessor, Avolon’s biggest shareholder Bohai Leasing, is at the centre of a fresh row. HNA(...)

It’s likely that Avolon, founded 10 years ago by a team of aviation veterans led by  Domhnal Slattery (above left), will soon find itself on the market again

Chen Feng, founder of the debt-laden Chinese airlines-to-finance group HNA that spent tens of billions of dollars on deals in the middle of the last d(...)

The government of the southern province of Hainan, where HNA is based, is reportedly in talks to take control of the group and sell off its airline interests. Photograph: iStock

The Chinese state may bail out debt-laden HNA, the majority shareholder in Irish aircraft lessor, Avolon’s biggest backer. The news emerged as Avolon(...)

Avolon chief executive Dómhnal Slattery pictured at the company’s headquarters with An Taoiseach Leo Varadkar. Photograph: Robbie Reynolds

Aircraft lessor Avolon increased its net profit marginally to a record $718 million (€658 million) last year as its lease revenue exceeded $2.61 billi(...)

Avolon chief executive Dómhnal Slattery with Taoiseach Leo Varadkar at the official opening of the company’s global headquarters in Ballsbridge. Photograph: Robbie Reynolds

Dublin-based aviation lessor Avolon delivered, delivered, sold or moved 170 aircraft in 2019, an average of more than three transactions a week, the I(...)

Photograph: Robbie Reynolds

Aircraft lessor Avolon improved its profit in the first quarter by 16 per cent despite a fall in lease revenue. Its lease revenue dropped 4 per cent (...)

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