Avolon reports 39 lease transactions in the first quarter of 2024

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Andy Cronin CEO of Avolon
Andy Cronin CEO of Avolon

Dublin based Avolon, the world’s second biggest aviation leasing company, executed 39 lease transactions, delivered 9 new aircraft, transitioned 3 aircraft, and sold 9 aircraft for the first quarter of 2024. while entering letters of intent for the sale of 17 additional aircraft.

They also entered into letters of intent for the sale and leaseback of 7 aircraft and added 3 new customers, bringing their total to 145 airline customers in 64 countries.

Avolon concluded the quarter with an owned and managed fleet of 577 aircraft and had orders and commitments for 456 new technology aircraft.

The world’s leading aviation leasing companies now stand:

  • AerCap, 1,733 owned + 173 managed + 380 ordered
  • Avolon 533 owned + 44 managed + 456 ordered
  • SMBC Aviation Capital 510 owned + 201 managed + 184 ordered
  • Air Lease Corporation 463 owned + 78 managed + 334 ordered
  • BOC Aviation 413 owned + 35 managed + 233 ordered
  • DAE Capital 404 owned + 25 managed + 64 ordered
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