KYG522371072
AVOLON HOLDINGS LTD
NYSE:AVOL (1/7/2016, 7:10:53 PM)
30.93
-0.02 (-0.06%)
Avolon Holdings Limited provides aircraft leasing and lease management services. The company owned, managed and committed fleet of aircraft. It operates primarily in the United States, Dubai, Singapore and China. Avolon Holdings Limited is headquartered in Ireland.
AVOLON HOLDINGS LTD
The Oval Building 1 Shelbourne Road
Ballsbridge L2 Dublin 4
P: 353-1231-5800
CEO: Domhnal Slattery
Airbus SE and Boeing Co. announced follow-up orders with aircraft leasing firm Avolon Holdings Ltd. for their bestselling single-aisle aircraft, pulling in another mega purchase in a year marked by outsize deals as airlines rush to get their hands on new jets.
Large-scale aircraft orders are a trend that’s set to increase in the near future as supply chain-issues continue to snag the aviation industry and create a scarcity of available aircraft, according to Avolon Holdings Chief Executive Officer Andy Cronin.
Airbus SE will expand its lead in narrow-body jet manufacturing, the biggest segment of the commercial aircraft market, over the next two decades while US rival Boeing Co. maintains its dominance in widebody sales, according to a new forecast.
Aircraft lessor Avolon Holdings Ltd. said it expects a rapid rebound for China’s aviation industry after the country scrapped its strict Covid travel restrictions ahead of the usually busy Lunar New Year holiday.
China’s reopening to international travel could propel global air traffic to pre-pandemic levels as soon as June, one of the world’s leading aircraft-leading firms predicts.
Malaysia Airlines said it will acquire 20 Airbus SE A330neo wide-body planes as it seeks more fuel-efficient jets amid a travel rebound.
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