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

John Mulligan

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.

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