Aviation

Avolon won 39 lease transactions in Q1

Irish lessor sold 9 aircraft in the first three months of the year

The company has an owned, managed, and committed fleet of 1,033 aircraft

Avolon, the Irish aircraft leasing company, has said it executed 39 lease transactions comprising new aircraft leases, follow-on leases and lease extensions in the first quarter of this year.

The company delivered nine new aircraft and transitioned three aircraft to a total of seven customers, according to a quarter one business update from the group.

In addition, it sold nine aircraft and entered letters of intent for the sale of a further 17 aircraft.

The ...