Avolon

The best news, analysis and comment from The Irish Times business desk

Prices reflect demand and cost of doing business, aircraft lessor Avolon says

Ratings agency predicts pace of growth will normalise after initial post-pandemic surge

Dublin-based lessor has ordered 100 A321 neo jets from Airbus, and 40 737 Max aircraft from Boeing

Aircraft valued above €1bn not returned when companies sought relocation following Russia’s invasion of Ukraine

But net income dips lower in three months to the end of September

A new study estimates that by 2050 Ireland has the potential to develop an SAF industry generating revenues of €2.5bn and providing up to 1,000 high-skilled jobs

Republic must offer incentives and spend on research, says new report

Irish aircraft lessor delivers seven new aircraft to customers

More than 1,000 Pratt & Whitney engines are affected, forcing carriers to change schedules and ground aircraft

Waste materials, including over 800kg of leather, to be used to make traditional artisan products such as wallets, bags and aprons

Irish aircraft lessor orders 60 jets from Airbus and Boeing

Aircraft lessor says five aircraft delivered between April and June

Aircraft will reduce fuel consumption and emissions by 25% over previous generation planes

World aircraft fleet will almost double in 20 years, says Irish lessor Avolon

National Maternity Hospital Foundation scouting for corporate interest in fundraiser sponsored by Avolon

Aircraft lessor’s net income declined 30% in first quarter excluding the impact of Russia’s seizure of assets

Dublin-based lessors seeking insurance payments for planes stranded in Russia amid Ukraine war

Report calls for longer tax break covering more staff and including accommodation costs in move to boost Republic’s lucrative aircraft leasing business

Aircraft lessor says 2023 ‘started with positive momentum’ as airline passenger growth continues

Dublin-based lessor will help Italian airline towards its target of having 80% new generation fuel-efficient aircraft by 2026

Aircraft lessor Avolon predicts strong demand as China re-opens but warns there will be no quick fix on delays in new plane deliveries

Recession seems unlikely to hinder aviation recovery, asserts AerCap chief

Aircraft lessor expects China’s reopening to international travel could propel global air traffic back to pre-pandemic levels as soon as June

Business Today: the best news, analysis and comment from The Irish Times business desk

Reports by PwC Ireland and Avolon note air travel rebound and investment required to hit carbon targets

Irish company says it is well-positioned for 2023

Unicef Ireland’s Paul Connolly urges companies to summon ‘that emergency spirit’ to help combat climate change, which is already harming millions of children

Some 400 jets stranded by war, many of which are registered in the Republic

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