-

Avolon Completes the Acquisition of Castlelake Aviation Limited

- Avolon fleet grows to 1,129 owned, managed and committed aircraft

DUBLIN--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, announces the completion of the acquisition of Castlelake Aviation Limited (‘CA Ltd’) from Castlelake L.P.’s aviation platform. The transaction was first announced on 13 September 2024.

The acquisition includes a portfolio of 106 aircraft on lease and commitments for 10 new-technology aircraft.

Following the acquisition, Avolon’s fleet increases to 1,129 aircraft, including 664 owned and managed aircraft, and commitments for 465 new-technology aircraft.

Avolon was advised on the transaction by Clifford Chance and KPMG.

About Avolon

Avolon is a leading global aviation finance company connecting capital with customers to drive the transformation of aviation and the economic and social benefits of global travel. We pride ourselves on our deep customer relationships, our collaborative team approach, and our fast execution. We invest with a long-term perspective, diversifying risk and managing capital efficiently to maintain our strong balance sheet. Working with 140 airlines in 59 countries, Avolon has an owned, managed, and committed fleet of 1,129 aircraft, as of 31 December 2024 on a pro forma basis including the acquisition of Castlelake Aviation Limited. www.avolon.aero

Contacts

David Breen / Darragh Crowley
Avolon Investor Relations
ir@avolon.aero
T: +353 1 231 5800

Douglas Keatinge
Avolon Head of Communications
dkeatinge@avolon.aero
T: +353 86 037 4163

Industry:

Avolon

SHZ:000415
Release Versions
English

Contacts

David Breen / Darragh Crowley
Avolon Investor Relations
ir@avolon.aero
T: +353 1 231 5800

Douglas Keatinge
Avolon Head of Communications
dkeatinge@avolon.aero
T: +353 86 037 4163

More News From Avolon

Avolon Announces Pricing of US$650 Million Senior Unsecured Notes Offering

DUBLIN--(BUSINESS WIRE)--Avolon Holdings Limited (“Avolon”), a leading global aviation finance company, announces the pricing of a private offering (the “Offering”) by its wholly owned subsidiary, Avolon Holdings Funding Limited, for a principal aggregate amount of US$650 million of 4.900% senior unsecured notes due 2030 (the “Notes”). The Notes will be fully and unconditionally guaranteed by Avolon, and by certain of its subsidiaries. The Offering is expected to close on or about 10 July 2025,...

Avolon Q2 2025 Business Update

DUBLIN--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, issues an update for the second quarter (‘Q2’) of 2025. Q2 Fleet and Financing Highlights Acquired 15 aircraft, sold 20 aircraft and ended the quarter with 54 aircraft agreed for sale; Placed 26 aircraft from our orderbook, ending the quarter with 98% of our orderbook placed for the next 24 months; Ended the quarter with an owned, managed and committed fleet of 1,076 aircraft, including orders and commitments for 442 fu...

Avolon Agrees to Lease 10 Airbus A321neos to AJet Hava Taşimaciliği

PARIS--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, has agreed to lease 10 Airbus A321neos to AJet, the low-cost carrier subsidiary of Turkish Airlines, the national flag carrier airline of Türkiye. The agreement was marked by a ceremony at the Paris Air Show, and the new aircraft are scheduled to be delivered in 2027. The aircraft will support AJet’s fleet renewal and network expansion strategy. AJet currently operates 92 aircraft flying to 100 destinations in Türkiye, t...
Back to Newsroom