Brief: Avolon reports $177 million from settlement Russia insurance claims in 2024 results

Orix

13/02/2025 07:08

Feb 13 (Reuters) - Aircraft lessor Avolon: 
    * REPORTS FULL YEAR NET INCOME UP 79% TO US$608 MILLION
    * ADJUSTED NET INCOME OF US$458 MILLION EXCLUDES $177
MILLION
(US$150 MILLION NET OF TAX) OF SETTLEMENT PROCEEDS FROM
INSURANCE CLAIMS RELATED TO AIRCRAFT LEASED TO RUSSIAN AIRLINES
    * AT YEAR-END, AVOLON HAD AN OWNED, MANAGED AND COMMITTED
FLEET OF
1,129 AIRCRAFT
    * ENDED THE YEAR WITH OUR ORDER BOOK 100% PLACED FOR NEXT 24
MONTHS

Source text:  ID:nBwc94tFPa 

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