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Aircraft leasing firm Avolon reports a 79% jump in 2024 net income to $608 million amid aviation recovery.
Aircraft leasing company Avolon reported a 79% rise in net income to $608 million for 2024, with a record operating cash flow of $2 billion, up 15% year-on-year.
Excluding a $177 million insurance settlement, adjusted net income still rose 35%.
Avolon acquired 45 new aircraft and integrated Castlelake Aviation, adding 116 aircraft to its portfolio, positioning the company well in a recovering aviation market.
2 months ago
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