Avolon records $162 million Q2 loss 

Irish lessor Avolon has recorded a net loss of $162 million for Q2 following write-downs related to non-cash impairment charges and accelerated amortisation on airline restructurings. The firm boosted its capital strength in Q2 with a 34% reduction in near-term capital commitments to the end of 2021, resulting in a year to date cumulative 52% reduction in capital commitments in the 2020-2023 timeframe, Avolon said it had a   “strong liquidity position” at quarter end, with total liquidity in excess of US$5.1 billion. Due to a number of Avolon’s clients entering into short-term rental deferral arrangements or were in arrears on their rental