Avolon

Unsolicited bid for Brown Thomas Arnotts, nursing home losses, and Dalton Philips plan to rebuild profits at Greencore

The best news, analysis and comment from The Irish Times business desk

Air fares to stay high this summer due to strong demand and a squeeze on availability of new aircraft

Prices reflect demand and cost of doing business, aircraft lessor Avolon says

Air travel growth will continue this year, analysts say

Ratings agency predicts pace of growth will normalise after initial post-pandemic surge

Avolon orders 140 new aircraft from Airbus and Boeing

Dublin-based lessor has ordered 100 A321 neo jets from Airbus, and 40 737 Max aircraft from Boeing

Insurers must provide documents to lessors suing over cover for planes held in Russia, court rules

Aircraft valued above €1bn not returned when companies sought relocation following Russia’s invasion of Ukraine

Lease revenue at Avolon rises in third quarter

But net income dips lower in three months to the end of September

Ireland has potential to be a global leader in developing sustainable aviation fuel

A new study estimates that by 2050 Ireland has the potential to develop an SAF industry generating revenues of €2.5bn and providing up to 1,000 high-skilled jobs

Green aviation fuel industry could be worth €2.55bn to Ireland

Republic must offer incentives and spend on research, says new report

Avolon completes 43 aircraft leases in third quarter

Irish aircraft lessor delivers seven new aircraft to customers

Airlines rush to avoid flight cancellations after Airbus engine recall

More than 1,000 Pratt & Whitney engines are affected, forcing carriers to change schedules and ground aircraft

Avolon partners with cabin supplier Soisa to recycle discarded aircraft materials

Waste materials, including over 800kg of leather, to be used to make traditional artisan products such as wallets, bags and aprons

Avolon earnings hit €69m in second quarter

Irish aircraft lessor orders 60 jets from Airbus and Boeing

Avolon says 31 leases agreed in second quarter

Aircraft lessor says five aircraft delivered between April and June

Lessor Avolon signs 20-aircraft deal with Airbus at Paris Air Show

Aircraft will reduce fuel consumption and emissions by 25% over previous generation planes

Higher fares set to squeeze air travel growth

World aircraft fleet will almost double in 20 years, says Irish lessor Avolon

Fittest Company challenge to raise funds for maternity care

National Maternity Hospital Foundation scouting for corporate interest in fundraiser sponsored by Avolon

Avolon to boost fleet with 40 ‘fuel-efficient’ Boeing 737 Max aircraft

Aircraft lessor’s net income declined 30% in first quarter excluding the impact of Russia’s seizure of assets

Jet lessors likely ‘face two year wait’ for insurance cash on planes in Russia

Dublin-based lessors seeking insurance payments for planes stranded in Russia amid Ukraine war

Government should expand controversial executive tax break, accountants say

Report calls for longer tax break covering more staff and including accommodation costs in move to boost Republic’s lucrative aircraft leasing business

Avolon executes 31 lease transactions in first quarter of 2023

Aircraft lessor says 2023 ‘started with positive momentum’ as airline passenger growth continues

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