Avolon Net Income Increases 91% in First Quarter
Net income of US$107 million and operating cashflow of US$337 million ...
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Net income of US$107 million and operating cashflow of US$337 million ...
Purchases Demonstrate Lessor’s Continued Strong Activity in Secondary Market ...
Net income of US$339 million and record $1.75bn operating cashflow ...
‘Robust demand’ for aircraft drives lease revenue
Boeing is "undoubtedly" making significant progress in getting on top of quality issues, the head of Avolon, the world's second largest aircraft leasing firm and a major Boeing customer, said on Thursday. Boeing was hit by the latest in a series of problems on Jan. 5 when a door panel flew off one of its 737 MAX 9 jets in the midst of an Alaska Airlines flight. Avolon CEO Andy Cronin said preliminary findings from a U.S. regulatory investigation into the incident were "positive", in not appearing to show any design implications for the aircraft or systemic production...