Lessors Avolon, DAE Post Quarterly Profit Rises

Planes at airport
Credit: Michael H/Getty Images
Two major lessors, Avolon and DAE, posted rises in quarterly profits on Oct. 30 after strong demand for leased aircraft in recent months, driven at least in part by production and delivery delays. Avolon said its net income for the third quarter rose 24% year-on-year to $120 million. Leasing...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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