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.
Dan Air, a Romanian carrier, has announced plans to launch regular flights on nine new routes from Bucharest in April 2025, utilizing its fleet of Airbus A320 aircraft. This strategic expansion reflects the airline’s ambition to strengthen its presence in the European market and enhance connectivity from Romania’s capital.
WestJet, Canada’s prominent low-cost carrier, has announced the return of its seasonal service between Halifax (YHZ)and Paris (CDG) for summer 2025. This transatlantic route will complement WestJet’s growing European network, which also includes services to Edinburgh, Dublin, and London, all resuming in May 2025.
