Avolon CEO expects coronavirus to accelerate trend towards sale and leaseback deals

    Avolon CEO Domhnal Slattery said the trend towards sale and leaseback agreements with airlines “will unquestionably be accentuated now with the coronavirus”, due to the changing risk profile and associated with the outbreak (Reuters, 12-Feb-2020). According to Mr Slattery, the trend had already been acceleration before the outbreak, due to trade tensions and economic uncertainty. Avolon has nearly USD6 billion in available liquidity which puts it in the “strongest position of any of our lessor competitors to be proactive and supportive,” he said.