OUT OF OFFICE: Your essential round-up of the latest business news
Avolon, the aircraft leasing firm, posted a $41 million (€35 million) loss for the third quarter, compared to a $161 million profit for the same period last year. The Dublin-headquartered company’s revenue earned from aircraft leasing fell by 22.6 per cent to $504 million, while it took an impairment and accelerated amortisation charge of $42 million. The company purchases aircraft from manufacturers such as Airbus and Boeing, and leases them to airlines worldwide. Avolon said...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
EML Payments halts trade of shares after Central Bank of Ireland raises regulatory concerns
The Fintech halted the trade of its shares on the Australian stock exchange following ‘significant regulatory concerns’ being raised by the Central Bank of Ireland about Prepaid Financial Payments, EML Payment’s Irish subsidiary company