Company of the Month

Company of the Month July 2025: Avolon sees profit soar

By Business & Finance
01 August 2025

Founded in May 2010, Avolon has grown into one of the world’s leading aircraft leasing companies, and is our Company of the Month for July 2025, in association with KPMG. It offers aircraft leasing and lease management services to airlines and aircraft investors around the world.

By Héloïse Chaudot


Aircraft leasing firm Avolon has recently announced an order for 90 Airbus jets. These passenger jets are estimated to be worth at least €12 billion, based on prices published by Airbus. Avolon has also reported a 36 per cent increase in profit to $143 million (€123 million) for the three months ending June 30th.

The new aircraft are scheduled to be delivered throughout 2033. These aircraft offer a 20% reduction in fuel burn and CO2 emissions compared to earlier generation single-aisle models, along with a 50% decrease in noise levels. The A321neo can accommodate up to 244 passengers and has a range of 7,400km.

Meanwhile, CEO Andy Cronin commented, “This order demonstrates our strong confidence in the long-term demand for new aircraft. Our scale and balance sheet position us to support our airline customers’ expansion and replacement needs into the next decade. Both the A321neo and A330neo are in high demand, and we expect this to continue given the long-term growth trajectory for the aviation sector. We are delighted to be expanding and extending our long-term partnership with Airbus with this order.”

This strategic move reinforces Avolon’s position in a market where demand for sustainability and efficiency is growing. 

Company of the Month

The Company of the Month Award, in association with KPMG, recognises outstanding Irish companies. It especially acknowledges those who have made significant contributions to the business community of Ireland.

Recipients of the award are automatically put forward as candidates for the prestigious Company of the Year Award at the annual Business & Finance Awards.

Business & Finance, Company of the Month

Business Person the MonthBusiness & Finance, in association with KPMG, recognises excellence in business through the ‘Company of the Month’ award. The Company of the Month award recognises the company which best demonstrates outstanding business leadership, sustainable growth, innovative strategy, strong financial returns and employee development.


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