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Avolon Aerospace
Industry
Aircraft leasing
Founded
2010; 14 years ago (2010)
Headquarters
Dublin
,
Ireland
Owner
70% Bohai Leasing 30% Orix Corporation
Website
www.avolon.aero
Avolon is an aircraft leasing company headquartered in Dublin, Ireland.[1] It was established in May 2010 by Dómhnal Slattery[2] and a team from RBS Aviation Capital, including John Higgins, Tom Ashe, Andy Cronin, Simon Hanson, and Ed Riley.[3][4] In December 2014, Avolon went public on the New York Stock Exchange (NYSE) with the ticker symbol AVOL, marking the largest listing of an Irish-founded company on the NYSE.[5] In September 2015, Avolon received a cash offer from Bohai Leasing Co., an affiliated Chinese leasing and financial services company, to acquire 100% of Avolon's common shares.[6] The acquisition by Bohai Leasing was completed in January 2016, leading to Avolon's delisting from the NYSE. In November 2018, ORIX Corporation, a Japanese financial institution, acquired a 30% stake in Avolon from its shareholder, Bohai Capital,[7] which is part of the HNA Group.
In June 2021, Avolon made headlines by placing the world's largest order for eVTOL aircraft, specifically ordering 500 VX4s from Vertical Aerospace.[8]
In October 2022, Dómhnal Slattery, the founding CEO of Avolon, retired, and Andy Cronin, the founding CFO, succeeded him in the position.[9]
^"CVC Capital Partners - Our Companies - Avolon". 2010-12-18. Archived from the original on 25 December 2010. Retrieved 2010-12-18.
^"Airline Industry and Aviation Safety News from Flightglobal". 2010-12-18. Retrieved 2010-12-18.
^"Avolon - Our Business". 2010-12-02. Archived from the original on 29 January 2011. Retrieved 2010-12-18.
Avolon is an aircraft leasing company headquartered in Dublin, Ireland. It was established in May 2010 by Dómhnal Slattery and a team from RBS Aviation...
operates 8 A320 family Aircraft (7 A320 and 1 A321), leasing them from Avolon, Carlyle Aviation Partners and Maverick Horizon. The airline currently operates...
future. In November 2010, Flydubai agreed a sale and leaseback deal with Avolon on another four 737-800s. Boeing 737 MAX On 17 November 2013 at the Dubai...
https://dm1es2gjsclbk.cloudfront.net/files/08-07-2019_09:41:22.pdf [bare URL PDF] "Avolon cancels order for 75 Boeing MAX jets, 4 Airbus A330neo | Article [AMP] |...
November 4, 2019. Retrieved September 13, 2022. "Avolon delivers first A330neo to Cebu Pacific". Avolon (Press release). November 30, 2021. Retrieved December...
AerCap, the world's largest, Domhnal Slattery heads the third largest, Avolon, and Peter Barrett runs the fourth, SMBC Aviation Capital while the second...
directors. In April 2017, the company sold its aircraft lease business to Avolon for $10.38 billion. In October 2017, the company sold Financial Freedom...
set to be split between 10 direct purchases and 10 leases from Ireland's Avolon. On 21 March 2024, Malaysia Airlines revealed the cabin of the A330neo....
set to be split between 10 direct purchases and 10 leases from Ireland's Avolon .The airline is expected to make a decision on Q1 2024 regarding its subsequent...
strikes off majority of A330neo order". Flight Global. Retrieved 2022-04-23. "Avolon firms up order for 15 A330neo aircraft" (Press release). Airbus. 23 December...
ETOPS clearance beyond 180 minutes was awarded on 2 April. Leased from Avolon, the first A330-900 was delivered to TAP Air Portugal on 26 November 2018...
In the fourth quarter of 2018, it leased two Airbus A319s from Lessors Avolon and Apollo and started deploying to several regional destinations. The airline...
variant. South African Airways South Africa 4 Leased from Air Mauritius and Avolon Starlux Airlines Taiwan 5 8 5 Swiss International Air Lines Switzerland...
the Russian invasion of Ukraine, aircraft leasing firms such as AerCap, Avolon and BOC Aviation terminated leases of Aeroflot's fleet. In September 2023...
Acquisition Corp under the ticker EVTL. In January 2022, the company appointed Avolon's Dómhnal Slattery as Vertical Chairman. In the period between 2020 and 2022...
The Boeing 737-8GP, registration PK-LKS, was owned by leasing company Avolon. It was received new from Boeing by Lion Air's subsidiary Malindo Air less...
Represented ORIX Aviation in its agreement to purchase a 30-percent stake in Avolon Holdings Ltd. for $2.2 billion. Advised Brookfield Business Partners L.P...
November 2011 Aviation Capital Group 60 65 125 Y 18 Y 12 17 December 2012 Avolon 181 38 219 Y[1] 1 December 2014 Azul Finance LLC 13 5 18 Y 3 January 2020...
delivered to the airline the first aircraft of the type, on lease from Avolon. TAP ordered 21 of these aircraft, of which 10 are directly ordered from...
be required to convince the Boeing board to commit to its development. Avolon saw a market for 3,500 to 4,000 airliners. At the 2018 Farnborough Airshow...
and Siddharth Vikram Philip (June 10, 2021). "Vertical Wins American, Avolon Orders, Plans to Go Public". Bloomberg. Retrieved July 3, 2021.{{cite web}}:...
Raymond Avolon Cromley Born August 23, 1910 Died February 23, 2007 Allegiance United States of America Service/branch United States Army Rank Colonel Battles/wars...
also served as chairman of HNA Capital and the aircraft leasing company Avolon until February 2021. Tan has served as a member of Columbia College's board...
industry adapts with a growing carbon fiber market. The aircraft lessor Avolon counted a total of 2,100 aircraft in storage during 2017. Of these, 48%...
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