Avolon chief executive Dómhnal Slattery. “Our capital position continues to be one of the strongest in the sector.”  Photograph: Jason Clarke

Aircraft lessor Avolon lost $41 million (€35m) in the third quarter as revenues fell. The Irish-headquartered company said on Thursday that lease rev(...)

Paul Geaney joined Avolon in 2010 from RBS Aviation Capital.

Aircraft lessor Avolon has appointed Paul Geaney as chief risk officer and to its executive committee. Mr Geaney will take responsibility for Avolon’(...)

“The timeframe for the normalisation of air travel remains uncertain,” says Avolon chief executive Dómhnal Slattery. Photograph: iStock

Dublin-based aircraft leasing giant Avolon said it had maintained a “strong” liquidity position of more than $5.5 billion (€4.7bn) at the end of the t(...)

At the end of June, Avolon owned or managed 547 aircraft, and had ordered a further 277 from manufacturers.

Irish aviation lessor Avolon recorded a $162 million (€137.5 million) loss in the second quarter as revenues declined year-on-year from $678 million t(...)

Dublin-headquartered Avolon cancelled orders for 27 Boeing 737 Max aircraft due for delivery from this year to 2022

Irish aviation lessor Avolon cancelled orders for a further 27 Boeing aircraft in the three months to June 30th, the company said on Tuesday. Avolon,(...)

John Slattery. Photograph: Peter Houlihan

Irish man John Slattery will replace David Joyce as the chief executive of General Electric’s aviation unit, its key aircraft engines division, as the(...)

Ryanair executive Eddie Wilson (right) speaking to staff at Dublin Airport: 25 million passengers already entitled to a refund will receive either money or vouchers. Photograph: Dara Mac Dónaill

Ryanair is on the hook for €1 billion of passenger refunds, according to both the Sunday Independent and the Business Post. Ryanair executive Eddie Wi(...)

Isme chief executive Neil McDonnell: 'Cutting back on roads for rail would make sense, but the truth is we only have a couple of economically viable rail routes'. Photograph: Siobhán Taylor

The Green Party’s preferred policies, outlined in its election manifesto and its list of 17 demands for government formation talks, present opportunit(...)

Since March 31st, Avolon has agreed to defer rent payments due from airlines for an average of three months. Photograph: iStock

Aircraft lessor Avolon expects to defer rent payments from most of its airline customers as the Covid-19 crisis continues to ground most passenger fle(...)

The shipment is the latest in a series of consignments paid for by U2 from a €10 million donation

A third flight carrying two million face masks and 32,000 surgical gowns for Irish healthcare workers, purchased by rock band U2, landed at Dublin Air(...)

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