Aviation
Avolon delivers ‘record’ operating cash flow of $1.75bn
Adjusted earnings at the Irish aircraft leasing company, before deductions were $2.5 billion
Avolon, the Irish aircraft leasing company, has delivered “record” operating cashflow of $1.75 billion, for the 12 months to the end of December 2023, up 45 per cent on the prior year.
The company reported a 6 per cent increase in lease revenue to $2.5 billion last year, according to annual results from the group.
Net income for the year was $339 million, a $330 million increase on financial year 2022.
Meanwhile, adjusted earnings before ...
