Update for the third quarter of 2023

Dublin | 6 July 2023: Avolon, a leading global aviation finance company, issues an update for the third quarter (‘Q3’) of 2023.

Q2 Fleet Metrics

• Executed 43 lease transactions comprising new aircraft leases, follow-on leases and lease extensions;
• Delivered 7 new aircraft and transitioned 4 aircraft to a total of 7 customers;
• Sold 14 aircraft and entered letters of intent for the sale of a further 15 aircraft;
• Entered into letters of intent for the sale and leaseback of 16 aircraft; 
• Confirmed order for 20x A330neo aircraft, and placed the first of these aircraft; 
• Added 1 new customer, giving a total of 147 airline customers operating in 65 countries; and,
• Ended the quarter with an owned and managed fleet of 568 aircraft, with total orders and commitments for 329 fuel-efficient, new technology aircraft.