Lessor Avolon writes off $304mn of aircraft stranded in Russia
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Lessor Avolon writes off $304mn of aircraft stranded in Russia

plane-taxiing.jpeg

Aircraft lessor Avolon has announced it is writing off the full value of 10 planes, worth $304mn, still stranded in Russia.

The planes represent less than 1% of Avolon’s portfolio value net of security values and maintenance surveys.

Prior to the outbreak of conflict, Avolon had four planes on lease to Russian airlines, three of which were outside Russia for maintenance...

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article