Avolon sees 2018 profits rise 30%, warns of more airline failures

Irish lessor Avolon reported a 30% increase in full-year profit for 2018 to $717 million while revenue increased 10% year-over-year (YOY) to $2.57 billion. Avolon delivered 33 new aircraft last year, executed 153 lease transactions and agreed to sell 130 aircraft.The Dublin-based lessor said its...

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