39 Lease Transactions Executed During the Quarter

Dublin | 4 April 2024: Avolon, a leading global aviation finance company, issues an update for the first quarter (‘Q1’) of 2024.

Q1 Fleet Metrics

• Executed 39 lease transactions comprising new aircraft leases, follow-on leases and lease extensions;
• Delivered 9 new aircraft and transitioned 3 aircraft to a total of 7 customers;
• Sold 9 aircraft and entered letters of intent for the sale of a further 17 aircraft;
• Entered into letters of intent for the sale and leaseback of 7 aircraft;
• Added 3 new customers, giving a total of 145 airline customers operating in 64 countries; and,
• Ended the quarter with an owned and managed fleet of 577 aircraft, with total orders and commitments for 456 fuel-efficient, new technology aircraft.

Q1 Financing Highlights

• Raised US$1.4 billion of unsecured debt capital, comprised of:
• US$1.15 billion senior unsecured notes due 2029, and
• US$250 million unsecured term loan due 2026.