Volofin Capital Management's record $500 million in first-half transactions highlights alternative lenders' growing aviation finance role amid bank retreat.
Bohai Leasing has completed the acquisition of 10 Boeing 787-8s and a pair of GE Aerospace GEnx-1B70 spare engines from China Southern Airlines through its subsidiary Avolon.
Royal Air Maroc is leasing six Boeing 737-8s from Avolon as the Moroccan flag carrier aims to capitalize on the strong predicted growth of African air traffic.
A lack of in-region engine maintenance shop capacity combined with a shortage of capabilities is causing bottlenecks in Asia-Pacific for airline customers.
Aircraft lessors have benefited from rising lease rates, but slow aircraft production expansion and shifting U.S. economic policy are making growth harder.
Avolon's $608 million net profit in 2024 was helped by a $177 million settlement from insurance claims involving aircraft previously leased to Russian airlines.
Porter Aircraft Leasing and Avolon have entered into a sale and leaseback agreement covering four Pratt & Whitney engines powering Embraer E195-E2 aircraft.
Two major lessors posted strong profits on the back of strong demand for aircraft in recent months driven, at least in part, by production and delivery delays.