Lessor Avolon’s 2Q profit falls 26% on finance expense

Avolon posted a 26% drop in second-quarter profit to $185 million, but achieved an investment grade corporate credit rating earlier than planned, according to the Irish aircraft lessor. The 26% year-on-year (YOY) profit decline can largely be attributed to finance expense that was impacted by an $83...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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