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.
ORIX Aviation, the Ireland-based aircraft leasing and asset management company, has announced the promotion of Cian Coakley to the role of Chief Revenue Officer (CRO). This leadership change reflects the company’s strategic emphasis on revenue growth, portfolio optimization, and commercial agility in a dynamic global leasing environment.
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.
AerCap Holdings, the Dublin-based global aircraft leasing giant, delivered a solid performance in the first quarter of 2025, reporting a net income of US$643 million. Total revenues and other income reached US$2.0 billion, marking a 3% year-over-year increase. The results reflect robust leasing demand and disciplined capital deployment.
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.
GTLK Europe, the Ireland-based aircraft leasing company, has formally denied allegations of liability made by Qatar Airways Group in a legal counterclaim valued at $155 million. The dispute centers on two Airbus A330 aircraft that were reportedly grounded following the onset of Russia-related sanctions and ownership complexities.
AerCap Holdings, the world’s largest aircraft leasing company, has announced the appointment of Victoria Jarman as Non-Executive Director to its Board. This leadership update coincides with the reappointment of Chairman Paul Dacier, CEO Aengus Kelly, and Non-Executive Directors James Lawrence, Jennifer VanBelle, and Michael Walsh, reinforcing continuity at the top of the organization.
Ryanair, Europe’s largest low-cost airline, has taken delivery of a new Boeing B737-8200 aircraft, further expanding its high-capacity fleet. The aircraft is registered under serial number 62386 and is powered by LEAP-1B27 engines manufactured by CFM International.
Aeolus Engine Service, based in Ireland, has announced the acquisition of two Boeing B737-700 aircraft, as part of its ongoing strategic investment in engine material and aircraft asset management. The aircraft are identified by serial numbers 33932 and 36073, and both are powered by CFM56-7B22 engines, which are widely used in the Boeing 737 Next Generation series.
