Avolon

Asian-owned leasing company joins growing list of firms suing over planes stuck after Russian invasion of Ukraine

Asia’s largest aircraft lessor becomes latest firm to sue insurers over seized aircraft

Leasing boss says plane-maker might need a new leadership

Most of the investment is by way of the acquisition of new stock to grow the business

Deal will see Dublin-based company supply up to 100 flying taxis to Turkish company

Avolon has terminated all its Russian leases and repossessed four aircraft

Battery-powered VX4 will carry four passengers as an alternative to travelling by car

All EU-based lessors have until March 28th to terminate existing contracts

Irish lessor has ordered 500 VX4 Evtol aircraft

Avolon recently agreed a $2 billion order for electric aircraft with Vertical

Atlantic Aviation Group to buy German company following months of travel curbs

Brazil’s Gol and Grupo Comporte to acquire 250 vertical take-off and landing aircraft

Funding soars 83% over five years but market exuberance may be waning

Dublin-based aircraft lessor has published its results for the second quarter of the year

Marlet chief Pat Crean pays more than €11m for ‘Lissadell’ on the exclusive Dublin 4 road

German-owned group reviewing Irish business following impact of Covid on travel

Company has bought 500 zero emissions, electric, vertical take-off and landing planes

Lessor agrees order for 500 zero-emissions planes

Group had accumulated debts of $5.2bn when it sought protection from creditors

Covid-19 uncertainty hinder examiner in efforts to put together rescue scheme

Cantillon: Airline examiner to request extra 50 days to produce rescue plan

The airline and four Irish subsidiaries are under High Court protection from creditors while an examiner puts together rescue plan

Atlantic Aviation buys Flybe cargo plane maintenance business in Oxfordshire

Company says there will be more start-up airlines in 2021 than had failed in 2020

No Davos, but founder Seán Pattwell forecasts busy year after shock of Covid-19

New report warns of €31.5bn losses, with airlines needing emergency funding

Torskef Jorden Leasing involved in leasing aircraft to Norwegian’s long-haul business

Aircraft leasing company has issued an update for fourth quarter and full year of 2020

A key question now is: when does the industry start climbing out of this trough?

Four in 10 leased aircraft grounded as the pandemic continues to hit air travel

Creditors took or threatened action against two companies before court protection granted

List of 66,500 businesses includes some of Ireland’s leading and most profitable brands

Irish aircraft leasing giant saw ‘upward’ trend in lease revenue collection rate

Aviation lessor signals uncertainty about the pace and timing of recovery in sector

Slattery will take over from David Joyce on September 1st

Plane carrying 2.1 million face masks and 32,000 surgical gowns arrives from China

The cargo shipment will containe 70 tonnes of personal protective equipment for healthcare workers

U2 singer is just one of number of people the Government has sought crucial help from

Some 5,000 are employed in aircraft leasing in Ireland, contributing €550m annually to the economy

Avolon chief Dómhnal Slattery questions State’s preparedness for outbreak