Avolon is an aircraft leasing company based in Ireland

Ireland

Ireland is an island to the northwest of continental Europe. It is the third-largest island in Europe and the twentieth-largest island on Earth...

. It was founded in May 2010 by Domhnal Slattery, with initial capital of US$1.4 billion. Since launch Avolon has raised US$4 billion of capital which includes an equity commitment of US$1.4 billion from the four leading international investors: Cinven, CVC Capital Partners, Oak Hill Capital Partners and the Government of Singapore Investment Corporation. Avolon has also raised US$2.6 billion in debt from a range of commercial and specialist aviation banks including Wells Fargo Securities, Citi,Deutsche Bank

Deutsche Bank

Deutsche Bank AG is a global financial service company with its headquarters in Frankfurt, Germany. It employs more than 100,000 people in over 70 countries, and has a large presence in Europe, the Americas, Asia Pacific and the emerging markets...

, Credit Agricole

Crédit Agricole

Crédit Agricole S.A. is the largest retail banking group in France, second largest in Europe and the eighth largest in the world by Tier 1 capital according to The Banker magazine. It is also part of the CAC 40 stock market index....

, UBS, DVB

DVB

Digital Video Broadcasting is a suite of internationally accepted open standards for digital television. DVB standards are maintained by the , an international industry consortium with more than 270 members, and they are published by a Joint Technical Committee of European Telecommunications...

, Nord LB and KfW IPEX-Bank.

At the end of 2011, Avolon’s committed fleet stood at 88 aircraft with 25 customers in 18 countries; with a total fleet value in excess of US$4 billion.

www.avolon.aero

Fleet

• In May 2010, Avolon and AerCap agreed to jointly manage three Airbus A330
  Airbus A330
  The Airbus A330 is a wide-body twin-engine jet airliner made by Airbus, a division of EADS. Versions of the A330 have a range of and can accommodate up to 335 passengers in a two-class layout or carry of cargo....
  
   airliners.
• In July 2010, Avolon ordered 12 Boeing 737-800 narrowbody airliners
• In November 2010, Avolon and Flydubai
  Flydubai
  Dubai Aviation Corporation , trading as flydubai , is a low-cost airline with its head office and flight operations in Terminal 2 of Dubai International Airport.-History:...
  
   agreed a sale and leaseback deal on four Boeing 737-800s
• In December 2010, Avolon ordered eight Airbus A320
  Airbus A320
  The Airbus A320 family is a family of short- to medium-range, narrow-body, commercial passenger jet airliners manufactured by Airbus Industrie.Airbus was originally a consortium of European aerospace companies, and is now fully owned by EADS. Airbus's name has been Airbus SAS since 2001...
  
  , increasing Avolon's fleet to over 60 aircraft.
• In January 2011, Avolon acquired two Airbus A320s on lease to Philippine Airlines. Avolon also announced agreements to acquire three Airbus A320s on lease to Indigo Airlines, three Boeing 737-800s on lease to Air Berlin, three 737-800s on lease to Virgin Blue and one Boeing B737-800 on lease to Skymark Airlines.
• In February 2011, Avolon acquired one Airbus A320 aircraft on lease to Air Berlin.
• In March 2011, Avolon acquired one Airbus A320 aircraft on lease to IndiGo Airlines.
• In April 2011, Avolon acquired one Boeing 737-800 aircraft on lease to American Airlines.
• In September 2011, Avolon announced it had aquired five Boeing 737-800 aircraft on lease Ryanair and Four Airbus A320 aircraft on lease to AirAsia