Avolon grows fleet to 1,129 as it completes acquisition of Castlelake

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Andy Cronin CEO of Avolon
Andy Cronin CEO of Avolon

Avolon has completed the acquisition of Castlelake Aviation Limited, which was first announced on 13 September 2024.

The acquisition included a portfolio of 106 leased aircraft and commitments for 10 new-technology aircraft.

Following the acquisition, Avolon’s fleet has grown to 1,129 aircraft, comprising 664 owned and managed aircraft with commitments for 465 new-technology aircraft.

Avolon engaged Clifford Chance and KPMG as advisors for this transaction.

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