Tag: Andy Cronin

Avolon to lease 13 Airbus aircraft to Etihad Airways

Avolon, a global aviation finance company, has agreed to lease 13 Airbus aircraft from its orderbook to Etihad Airways. The transaction, announced today at the Dubai Airshow, includes nine A330neos and four A320neo family aircraft. Etihad has today also placed a direct order with Airbus for si...

Avolon orders 100 LEAP-1A engines from CFM International

Avolon, a global aviation finance company, announces an order at the Dubai Airshow for 100 new LEAP-1A engines from CFM International to power 50 Airbus A320neo family aircraft in its order book. The advanced technologies in LEAP-1A engines, like composite fan blades and ceramic matrix composites...

Avolon agrees to lease 10 Airbus A321neos to AJet

Avolon, a global aviation finance company, has agreed to lease 10 Airbus A321neos to AJet, the low-cost carrier subsidiary of Turkish Airlines, the national flag carrier airline of Türkiye. The agreement was marked by a ceremony at the Paris Air Show, and the new aircraft are scheduled to be del...

Avolon to acquire portfolio of 118 aircraft

Avolon, a aviation finance company, announces an agreement to acquire Castlelake Aviation Limited (‘CA Ltd’), an entity managed by Castlelake L.P., the global alternative investment manager. CA Ltd’s total assets as of 31 March 2024 were US$5.0 billion, which included a portfolio of 105 air...

Avolon orders 310 new engines to power A320neo family aircraft

Avolon, a global aviation finance company, announces orders for 310 new engines to power 155 Airbus A320neo family aircraft in its order book. Avolon has ordered 160 GTF engines from Pratt & Whitney, and 150 LEAP-1A engines from CFM International. The combined orders, announced today at th...

Avolon Agrees Memorandum of Understanding to Order 20 Airbus A330neo Aircraft

Avolon, the international aircraft leasing company, has today signed a memorandum of understanding with Airbus at the Paris Air Show to order 20 Airbus A330neo aircraft. The new aircraft are scheduled to be delivered between 2026 and 2028. Avolon was a launch customer for the A330neo programme in...

Boeing, Avolon Announce Order for 40 737 MAX Jets

Boeing and Avolon, the international aircraft leasing company, today announced an order for 40 737 MAX airplanes at the Paris Air Show. "Today's announcement reaffirms our long-standing partnership with Boeing and our support for their 737 MAX program," said Andy Cronin, CEO, Avolon. "We are ...

AviLease purchases 13 aircraft from leading aircraft lessor Avolon

AviLease, the rapidly expanding global aircraft lessor fully owned by PIF, has announced the acquisition of 13 aircraft from international aircraft leasing company Avolon. The transaction sees AviLease purchase both narrow and wide-body aircraft, including seven Airbus A320neos, two A330neos and ...

Avolon Appoints Doug Keatinge as Head of Communications

Avolon, the international aircraft leasing company, announces that Doug Keatinge has joined as Head of Communications. Doug will be responsible for leading Avolon’s corporate and financial communications. Doug has over 20 years’ experience in public relations and journalism, most recently ...

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