Avolon, one of the global leaders in aviation finance, announced its results for the 2025 financial year and the fourth quarter. The company closed the year with a strong performance, supported by record levels of aircraft purchase and sale transactions, an expanding fleet, and a strengthened financial structure.
According to the update published by Avolon, a total of 168 aircraft were purchased during the 2025 financial year. Of these, 106 aircraft were added to the portfolio as part of the Castlelake Aviation Limited transaction, while 21 aircraft were acquired in the fourth quarter.
Record Sales and Fleet Renewal
In line with its active portfolio management strategy, the company achieved record disposals by selling 95 aircraft with an average age of 10 years throughout the 2025 financial year. Of these sales, 26 were completed in the fourth quarter, while sales agreements were signed for a further 72 aircraft.
Focusing on next-generation, fuel-efficient aircraft, Avolon took delivery of 59 new technology aircraft during the year, 10 of which joined the fleet in the fourth quarter.
Order for 90 New Airbus Aircraft
As part of its growth strategy, Avolon placed orders with Airbus for a total of 90 new aircraft, comprising:
- 75 A321neo aircraft,
- 15 A330neo aircraft.
Deliveries of these orders are planned to take place by 2033.
A Giant Fleet of 1,132 Aircraft
As at the end of 2025, Avolon closed the year with a total fleet of 1,132 aircraft owned, managed, and committed. This figure includes an order and commitment portfolio of 500 aircraft.
Credit Ratings Upgraded, Financial Flexibility Strengthened
Avolon’s financial performance also attracted the attention of credit rating agencies.
- Moody’s and Fitch upgraded the company’s investment-grade credit ratings,
- S&P revised Avolon’s outlook to positive.
The company also extended its unsecured revolving credit facility until October 2029, increasing it to USD 6.3 billion.
USD 6.6 Billion in New Financing
Throughout 2025, Avolon secured USD 6.6 billion in new unsecured debt financing to support growth and fleet investments. This financing package included:
- USD 3.6 billion in unsecured senior notes,
- USD 3.0 billion in unsecured credit facilities from a global banking group.
