Placed 23 aircraft from orderbook during the quarter

Dublin | 4 July 2024: Avolon, a leading global aviation finance company, issues an update for the second quarter (‘Q2’) of 2024.

Q2 Fleet Metrics

• Delivered 15 new aircraft and transitioned 10 aircraft to a total of 16 customers;
• Sold 6 aircraft and entered into letters of intent for the sale of a further 17 aircraft;
• Placed 23 aircraft from our orderbook;
• Executed 15 lease transactions comprising new aircraft leases, follow-on leases and lease extensions;
• Added 4 new customers, giving a total of 142 airline customers operating in 63 countries; and,
• Ended the quarter with an owned and managed fleet of 582 aircraft, with total orders and commitments for 447 fuel-efficient, new technology aircraft.

Q2 Financing Highlights

• Raised US$2.5 billion of unsecured debt capital, comprised of:
• US$1.0 billion senior unsecured notes due 2029,
• US$1.05 billion unsecured term loans due 2027, and,
• US$450 million upsize in unsecured revolved credit facility.