Tarom, the national airline of Romania, has firmed a lease agreement with Avolon, an Irish leasing company, for two additional Boeing 737-8 aircraft, serials 65548 and 65549. This move highlights Tarom’s ongoing fleet renewal efforts to enhance its competitiveness and operational efficiency.
Avolon, a prominent aircraft leasing firm based in Ireland, has completed the delivery of the first Airbus A320neo to Royal Jordanian, marking the start of an eight-aircraft lease agreement. The aircraft delivered carries serial number 12304, and its arrival signals the beginning of a phased fleet renewal effort for the Jordanian flag carrier.
Avolon Holdings, a leading Irish aircraft leasing company, has had its credit outlook revised from stable to positive by S&P Global Ratings. The change applies to both the company’s issuer credit rating and its senior unsecured debt rating, which remain at BBB- but now carry a more optimistic future projection.
Avolon, the Dublin-based aircraft leasing company, has initiated a debt tender offer for several series of its outstanding notes. The offer, which commenced on 19 May 2025, seeks to repurchase up to $800 million in aggregate principal amount of these notes. The strategic move is aimed at optimizing the company’s capital structure and reducing outstanding debt obligations under favorable market…
Aircraft Engine Lease Finance (US) has acquired an Airbus A330-200, bearing serial number 1104, from Avolon, a leading aircraft leasing company based in Ireland. The aircraft remains on operating lease with Hawaiian Airlines, and is powered by Rolls-Royce Trent engines, continuing its service within the carrier’s long-haul fleet.
Avolon, the Dublin-based aircraft lessor, has received credit rating upgrades from two leading international agencies, signaling enhanced confidence in the company’s financial strength and operational resilience. Fitch Ratings has raised Avolon’s long-term issuer default rating from BBB- to BBB, while Moody’s Investors Service upgraded its senior unsecured debt rating from Baa3 to Baa2. Both agencies assigned a stable outlook to the updated ratings.
Avolon Holdings, the Ireland-based aircraft leasing company, has successfully raised $1 billion through a new unsecured dual-tranche bank facility, sourced from a syndicate of six major banks in the Middle East. The facility is structured with both conventional and Islamic finance tranches, tailored to meet the diverse financial frameworks of its participating lenders.
Aviation Capital Group (ACG), a prominent U.S.-based aircraft lessor, has announced the signing of a definitive agreement with Avolon Aerospace Leasing of Ireland to acquire a portfolio of 20 aircraft. The deal includes 16 narrowbody and 4 widebody aircraft currently on lease to 17 airlines across 16 countries, further diversifying ACG’s global leasing footprint.
Avolon has reported a 36% increase in net income for the first quarter of 2025, reaching US$145 million, alongside a 10% rise in lease revenue to US$683 million. The Ireland-based lessor also confirmed a robust liquidity position of US$8.1 billion, reinforcing its financial strength amid a steadily recovering aircraft leasing market.
Avolon has successfully completed a new US$1.1 billion senior unsecured facility, structured evenly between a drawn loan and a revolving credit facility, with a tenor of five years. The move bolsters Avolon’s already significant liquidity position and underlines continued strong access to the capital markets.
