Avolon receives US$1.2 billion in fresh equity

Avolon has confirmed that Bohai Leasing has injected an incremental US$1.2 bn of equity capital in the business bringing Avolon’s total available liquidity to US$2 bn. Avolon is now the core aircraft leasing brand for Bohai Leasing and its parent, HNA Group. During the fourth quarter, Avolon delivered two aircraft to two airlines in two countries; sold five aircraft sold with letters of intent in place for 16 aircraft disposals in 2016. Also during the quarter, Avolon Capital Partners (ACP) acquired one aircraft on lease bringing the total aircraft under management by ACP to nine. During the full year in