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Avolon Boosts Debt Tender Cap To $1 Billion Amid Strong Demand

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Avolon Holdings Limited, a leading global aviation finance company, announced the early results of its cash tender offers for outstanding notes, with demand far exceeding initial expectations. Conducted through its wholly owned subsidiary Avolon Holdings Funding Limited, the process has led the company to raise its maximum tender cap from $750 million to $1 billion.

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Pegasus Airlines Reports 19% Rise in 3Q 2024 Profit, Plans Fleet Expansion

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Pegasus Airlines, a prominent low-cost carrier from Turkiye, has reported a 19% increase in net profit for the third quarter of 2024, totaling $322 million. However, despite the strong quarterly performance, the airline’s net profit for the first nine months of 2024 saw a slight decline, falling 3% to $332 million. These figures reflect Pegasus Airlines’ adaptability and focus on profitability, even amidst…

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Air China Reports 6% Revenue Growth in Q3 2024 Despite Slight Income Decline

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Air China reported its financial results for the third quarter of 2024, noting a 6% year-over-year increase in revenue, totaling $6.8 billion. This growth was driven by steady demand for both domestic and international flights, as well as strategic capacity adjustments to optimize load factors across its extensive route network. Despite this increase in revenue,…

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Avolon Orders 100 LEAP-1A Engines for 50 Airbus A320neo Jets

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Avolon, one of the world’s leading aircraft leasing and aviation finance companies, has announced a major order for 100 new LEAP-1A engines from CFM International to power 50 Airbus A320neo family aircraft from its existing orderbook. The announcement was made at the Dubai Airshow 2025, further strengthening Avolon’s long-standing partnership with CFM.

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CDB Aviation Completes A350-900 Sale-Leaseback with Air France

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CDB Aviation (Ireland) has successfully closed a sale/leaseback transaction for one Airbus A350-900 with Air France, a longstanding airline customer. This agreement highlights the ongoing collaboration between the lessor and the carrier, further strengthening their strategic partnership.