- Aircraft leasing
- May 2010
- Dómhnal Slattery
In May 2010, CVC Funds acquired a stake in the Irish aircraft leasing company, Avolon. Headquartered in Ireland with offices in Dublin, New York, Hong Kong and Shanghai, Avolon provides aircraft leasing and lease management services to global commercial airlines and has more than €1 billion of committed assets under management.
Avolon is led by a management team with a proven track record in aircraft leasing and an extensive network of established senior industry relationships across the airline, manufacturer and aviation banking sectors. In particular, the team has significant experience in delivering innovative sale and leaseback and financing transactions to the world’s airlines.
Avolon aims to continue to grow leveraging off the strong financial backing of its owners, committed term and warehousing facilities and the extensive trading history and senior industry relationships of its management team. The primary asset focus of the business is young fuel-efficient single-aisle aircraft such as the Airbus A320 and Boeings 737NG families.