Lessor Avolon Posts Profit Growth, Warns On Airline Failures

Credit: Avolon
LONDON—Irish lessor Avolon reported a 30% increase in full-year profit for 2018 to $717 million while revenue increased 10% year-over-year to $2.57 billion. The Dublin-based lessor said its owned, managed and committed fleet grew 7% in 2018 to 971 aircraft, and it has placed all the aircraft it has...
Kerry Reals

Kerry Reals is a UK-based aviation journalist with 15 years’ experience covering all aspects of the airline and aerospace sector for a variety of industry publications. She is a freelance contributor to Aviation Week & Space Technology, Aviation Daily and Air Transport World, focusing on the European airline industry, with an emphasis on how the sector is working to improve sustainability and reduce its carbon footprint.

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