Jet lessor Avolon sees net income jump to $339m in 2023
Dublin-based leasing company ordered 200 jets last year
An Airbus A320neo in Avolon livery
Dublin-based jet leasing giant Avolon posted net income of $339m (€314.6m) during 2023 as demand for aircraft outstripped supply and leasing rates rose sharply.
The company said on Thursday that it also generated a record $1.75bn (€1.62bn) in operating cashflow last year. That was 45pc higher than in 2022.