News | Latest Breaking News Stories & Headlines

Dómhnal Slattery interview

Dómhnal Slattery founded two of the top three aircraft leasing companies in the world over the last 25 years.

Avolon's management changes as new CEO take up role

Dublin-based aviation leasing company Avolon has announced new management appointments today as its chief executive Dómhnal Slattery leaves the role after a successful transition period.

Business • 05 Oct 22

Avolon said it now has a total of 150 airline customers operating in 62 countries

Avolon marks a return to profitability for 2021

Aircraft leasing company Avolon has reported a return to profitability in 2021 as it continued to expand its fleet and despite the challenges the aviation sector is still facing.

Business • 08 Feb 22

Dómhnal Slattery is also the founding CEO of Avolon

Slattery named as new Vertical Aerospace chairman

Aviation industry veteran Dómhnal Slattery has become the new chairman of electric plane-maker Vertical Aerospace.

Business • 27 Jan 22

The VA-X4 is a piloted, zero emissions electric Vertical Take Off and Landing (eVTOL) vehicle

Avolon agrees $2 billion 500 electric aircraft deal

Aircraft leasing company Avolon and Vertical Aerospace have announced a "ground-breaking" $2 billion order for up to 500 electric vertical take-off and landing (VTOL) aircraft.

Business • 11 Jun 21

Avolon delivered a total of eight new aircraft to six customers in the first quarter of 2021

Worst effects of Covid on aviation over - Avolon CEO

Dublin-headquartered aircraft leasing firm Avolon has said that while the recovery from the Covid pandemic continues to be uneven, the worst effects of the coronavirus on aviation are behind the industry.

Business • 29 Apr 21

In a trading update, Avolon said it has in excess of $5 billion in liquidity

Avolon cancels order for 27 Boeing 737 MAX jets

Dublin-based aircraft leasing firm Avolon has today announced the cancellation of an additional 27 Boeing 737 MAX planes after cancelling 75 of the jets in April.

Business • 07 Jul 20

Avolon said it is taking steps to deal with Covid-19 fallout

Avolon cancels some plane orders due to Covid-19

Avolon today announced the cancellation of an order for 75 Boeing 737 MAX planes that were due to be delivered by 2023, saying it was adjusting its order book to the disruption caused by the coronavirus pandemic.

Business • 03 Apr 20

Avolon said it made a record $718m in net profits last year on the back of revenues of more than $2.6 billion.

Avolon's net profits and revenues for 2019 rise

Dublin-based aircraft leasing firm Avolon has reported a slight increase in net profits for 2019 as its revenues also rose.

Business • 12 Feb 20

Gaël Méheust, CEO of CFM International and Dómhnal Slattery, CEO of Avolon at the signing of the latest deal at the Paris Airshow today

Avolon orders 140 new engines from CFM International

Aircraft leasing company Avolon has announced an order for 140 new LEAP-1A engines from CFM International.

Business • 18 Jun 19

Dublin-headquartered Avolon had a fleet of 553 aircraft at the end of the first quarter

Avolon's first quarter results soar 16% higher

Irish-based aircraft leasing firm Avolon saw its profits rise by 16% to $176m during the first quarter of the year.

Business • 01 May 19

Incoming Airbus CEO Guillaume Faury and Avolon CEO Dómhnal Slattery

Avolon signs $11.5 billion deal for 100 Airbus planes

Dublin-based aircraft leasing company Avolon has signed a deal to buy 100 new Airbus planes with a list price of $11.5 billion.

Business • 07 Dec 18

Airbus delivers its first A330neo jet to TAP Portugal

Airbus delivers first A330neo in Boeing 787 dogfight

Europe's Airbus has delivered its first A330neo jet to TAP Portugal as it seeks to trump US rival Boeing in the fiercely competitive battle at the lower end of the market for long-haul jets.

Business • 27 Nov 18