- Avolon agreed the sale of a 33-aircraft portfolio to Lesha Bank
- The portfolio comprises commercial aircraft on lease to 25 airlines globally
- Following completion, the portfolio will be managed by Lesha Aviation Services
- The Bank’s total managed fleet will exceed 75 aircraft
- Avolon has an owned, managed and committed fleet of 1,117 aircraft as of 30 June 2026
Avolon has agreed the sale of a 33-aircraft portfolio to Lesha Bank. The transaction comprises a diversified portfolio of commercial aircraft on lease to 25 airlines globally. The agreement represents a significant milestone in the development of the relationship between Avolon and Lesha Bank. Following completion, the portfolio will be managed by Lesha Aviation Services, bringing the Bank’s total managed fleet to more than 75 aircraft.
The transaction demonstrates the depth of institutional capital seeking exposure to leased aircraft and the continued strength of demand for high-quality aviation assets. Aircraft trading is a core part of Avolon’s strategy, enabling the company to actively manage its portfolio, realise value and recycle capital. The agreement reflects the continued strength of investor demand for aviation assets and the scale and capabilities of Avolon’s global platform. The acquisition reflects the disciplined approach Lesha Bank has taken to building scale in aviation leasing. Adding a portfolio of this calibre, with established lessees and a strong technology mix, reinforces the resilience and long-term earnings profile the bank is targeting across its Shari’a-compliant aviation portfolio.
Avolon is a global aviation finance company connecting capital with customers. The company works with 138 airlines in 60 countries and has an owned, managed and committed fleet of 1,117 aircraft as of 30 June 2026. Lesha Bank expects the portfolio to deliver stable, diversified returns for years to come.
Andy Cronin shared “We are pleased to partner with Lesha Bank on this significant transaction. Aircraft trading is a core part of Avolon’s strategy, enabling us to actively manage our portfolio, realise value and recycle capital. This agreement reflects the continued strength of investor demand for aviation assets and the scale and capabilities of Avolon’s global platform.”
