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AVOL
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Definitions of avol in various dictionaries:
AVOL - Avolon is an aircraft leasing company based in Dublin, Ireland. It was founded in May 2010 by Domhnal Slattery, and a team from RBS Aviation Capital ...
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| Avol might refer to |
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| Avolon is an aircraft leasing company based in Dublin, Ireland. It was founded in May 2010 by Domhnal Slattery, and a team from RBS Aviation Capital including John Higgins, Dick Forsberg, Tom Ashe, Andy Cronin, Simon Hanson and Ed Riley with initial capital of US$1.4 billion. The equity commitment of US$1.4 billion was from four leading international investors: Cinven, CVC Capital Partners, Oak Hill Capital Partners and the Government of Singapore Investment Corporation. Between 2010 and 2014, Avolon also raised US$6.1 billion in debt from the capital markets and a range of commercial and specialist aviation banks including Wells Fargo Securities, Citi, Deutsche Bank, BNP Paribas, Credit Agricole, UBS, DVB, Nord LB and KfW IPEX-Bank. In 2017, Avolon entered the public debt markets and raised a total over US$9 billion in debt finance. In August, 2018, Avolon announced that ORIX Corporation had agreed to acquire a 30% stake in the business from its shareholder Bohai Capital.As of 30 June 2018, Avolon had an owned, managed and committed fleet of 890 aircraft valued at over $40 billion.Avolon has received many industry awards since formation in 2010, most recently the Finance Dublin 2018 M&A Deal of the Year Award. Avolon was awarded Company of the Year and Aviation Leasing Achievement of the Year Award at the 2016 Aviation Industry Awards. Avolon's CEO, Domhnal Slattery, also received an award for Outstanding Contribution to the Aviation Industry in 2016. |
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