Avolon reports increased revenue and cash collections as borders reopen Avolon, the international aircraft leasing company, announces results for the first quarter (Q1) of 2022. 2022 FIRST QUARTER
Avolon, the international aircraft leasing company, announces results for the full year, 2021. 2021 FINANCIAL HIGHLIGHTS INCOME STATEMENT ($ MILLION) FY 2021 FY 2020
Avolon's cost of capital reduced to 3.6% following $4 billion of capital markets activity in Q3 Avolon, the international aircraft leasing company, announces results for the third quarter ('Q3') of
Avolon 2021 First Quarter Results
Avolon, the international aircraft leasing company, announces results for the first quarter ( Q1 ) of 2021.
2021 FIRST QUARTER FINANCIAL HIGHLIGHTS
US$ MILLION
0.1x
Delivered $470 million of lease revenue during the quarter and generated over $117 million of net cash from operating activities in the quarter;
Ended the quarter with total available liquidity of approximately $7.1 billion, including $2.2 billion of unrestricted cash and $4.8 billion of undrawn debt facilities;
Raised $1.5 billion of senior unsecured notes at historically low coupon rates of 2.125% and 2.75% for 2026 and 2028 maturities respectively; and,
Ended the quarter with a secured debt to total assets ratio of 23%, and $17.4 billion of unencumbered assets.