10 May 2022

AVOLON RECOGNISED FOR ITS SUSTAINABILITY LEADERSHIP


Avolon wins ‘Sustainability Overall Deal of the Year’ at Airline Economics Aviation 100 Deals of the Year awards

Dublin | 10 May, 2022: Avolon, the international aircraft leasing company, was recognised for its sustainability leadership at the Airline Economics Aviation 100 Deals of the Year awards at an evening ceremony at the Royal Dublin Society in Dublin yesterday.

Avolon was awarded the inaugural Sustainability Overall Deal of the Year distinction for its 500 VX4 eVTOL aircraft order and for its subsequent placement progress with leading global airlines and transportation companies such as GOL and Grupo Comporte in Brazil, Japan Airlines in Japan, AirAsia in Southeast Asia, and with Gözen Holding in Turkey. As a result of this activity, Avolon has now fully placed the entirety of its initial VX4 orderbook, with the orderbook being oversubscribed by 50 options.

Marc Tembleque-Vilalta, Head of Avolon-e, commented: “At Avolon, we have made significant progress on a range of sustainable business initiatives and this award is a reflection of the hard work and dedication of the Avolon team over the past year. We want to lead the aviation industry to zero carbon emissions and that is why we ordered the VX4 eVTOL. This aircraft will revolutionise ultra-short-haul air travel and we have seen an incredible level of demand for this product, reflected in our placement progress with leading global airlines.

We are committed to being at the forefront of change across our sector and we recognise the role that we can, and must play, in making a positive contribution to society and environmental sustainability. We are looking forward to continuing to work with our partners and stakeholders to build on the success to date and moving the sustainability agenda forward.”

For Further Information Please Contact

Avolon

Ross O' Connor
Head of Capital Markets
+353 1 231 5818
[email protected]

FTI Consulting

Jonathan Neilan
+353 1 765 0886
[email protected]

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