Avolon upbeat on global leasing outlook even as it sees downturn coming for airlines
Avolon remains upbeat about the outlook for the leasing industry, even though it believes that the peak for airline profitability in the current aviation economic cycle has passed. Last week company CEO Dómhnal Slattery said: 'We are at or past the peak of profitability, no question about that, we've been saying that for about year,' adding that 'I think with oil nudging upwards we'll see the profitability levels on a global basis definitely plateau and probably come off the peak.'

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Vol. 6 Issue 21 of Aviation Finance