Transport
Avolon third quarter lease revenues rise 8% to $588m
Aircraft lessor said it executed 43 lease transactions, delivered 7 new aircraft and transitioned a further four to customers in the quarter
Avolon, the aircraft lessor, has reported an 8 per cent rise in third quarter lease revenues to $588 million.
Net income totalled $97 million, up 28 per cent versus the second quarter with turnover in the year to date topping $229 million.
The company said total available liquidity at the end of October totalled $7.5 billion, which includes $630 million of unrestricted cash and $6.9 billion of undrawn debt facilities.
During the quarter under review ...
