Pause operations: company temporarily curtailing operations while keeping return options open
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Avolon is a leading global aviation finance company connecting capital with customers to drive the transformation of aviation and the economic and social benefits of global travel.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionAvolon records $182m loss due to Russia writedown. Avolon and BOC Aviation, two of the world's largest aircraft lessors, have fully settled lawsuits in the Irish courts against insurers over jets stranded in Russia following Western sanctions in 2022. Lessors are suing dozens of insurers around the world over losses of at least $8 billion after more than 400 planes were stranded in Russia following the sanctions over Moscow's war in Ukraine that forced the termination of their leases.
| February 07, 2025 | Avolon, BOC settle Irish lawsuits against insurers over stranded Russian jets |
| May 03, 2022 | Lessor Avolon records $304 million impairment over Russian aircraft |