Ireland-based lessor Avolon released its full year results today which included a full year profit of $718m and an increase in unencumbered assets by 71% to $14.9 billion in 2019.  Lease revenue increased by 2% year-on-year to over US$2.6 billion while the firm generated US$2.1 billion of net cash from operating activities and declared a dividend of US$285 million. At year end of 2019, Avolon had US$16.6 billion future contracted rental cashflows; and US$5.7 billion of total available liquidity including unrestricted cash, undrawn unsecured RCF and undrawn secured revolving debt. In its results Avolon said that it had ddelivered, transitioned or sold a

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