Avolon posts US$149 million Q3 profit and expands aircraft orders

Dublin-based Avolon, a leading global aviation finance firm, reported a net income of US$149 million (€128 million) for Q3 2025, a 24% increase from the previous year, supported by steady lease revenue and robust operating cashflow of US$539 million (€463 million).

The company strengthened its balance sheet, raising US$2.2 billion (€1.89 billion) in financing, including US$1.9 billion (€1.63 billion) in unsecured notes and US$260 million (€224 million) in new bank facilities. Avolon also repaid US$829 million (€713 million) of secured debt and completed a US$1.0 billion (€860 million) tender offer for senior unsecured notes due in 2027. At the end of Q3, the company held US$9.0 billion (€7.74 billion) in total liquidity, including US$7.3 billion (€6.28 billion) of undrawn debt facilities.

Fleet activity included the acquisition of 17 aircraft, sale of 15, and placement of eight from the orderbook, leaving 99% of aircraft deliveries for the next 24 months secured. Avolon confirmed an incremental order of 75 A321neo and 15 A330neo aircraft, with deliveries scheduled through 2033, bringing its total owned, managed, and committed fleet to 1,159 aircraft, including 522 new-technology models.

Board changes included Chris Jin returning as Chairman and Ding Chen joining as Non-Executive Director, while Shen Yan and Julian Wang retired. CEO Andy Cronin highlighted sustained aircraft demand and the company’s continued focus on balance sheet optimisation.

The quarter reinforces Avolon’s position in aircraft leasing markets and its ability to manage large-scale fleet commitments while maintaining financial stability.

Explore the full Q3 report for detailed financials and fleet developments.