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...

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