Ireland is considered the birthplace of aircraft leasing and is recognised as the number one location globally in the sector.

Some 93% of approximately 200 respondents to a new survey of Irish companies say they intend to expand their businesses over the next year.

Avolon chief executive Domhnal Slattery is set to pocket €30.8m from the sale of the company to China’s Bohai Leasing for €2.23bn.

Iran is set to create a boom for aircraft lessors as the country needs hundreds of modern aircraft that western manufacturers will not be able to meet due to a years-long order backlog, the head of Irish lessor Avolon said yesterday.

In the pioneering days of aviation, Ireland was the point of departure and arrival for all transatlantic air traffic. And although planes no longer refuel at Shannon, we are still prominent in the industry. Ryanair is the largest short haul airline in Europe and we are major players in airport retail and aircraft leasing, says Eoghan Corry

The CEO of Dublin-based Avolon, Domhnal Slattery, is set for a €31.28m windfall if a planned takeover of his aircraft leasing firm succeeds.

Chinese aviation and shipping conglomerate HNA Group has acquired a 20% stake in Irish aircraft leasing firm, Avolon, for $429m (€389m). It made the purchase via its Bohai Leasing subsidiary.

Avolon Airspace CEO Domhnal Slattery is liable for more than $10m (€9m) to Friends First under a personal guarantee following a Court of Appeal finding “sharp practice” lead to a clause being “slipped” into a deed which, unknown to the lender, removed that liability.

Dublin-based international aircraft leasing firm, Avolon has reported a 36% year-on-year increase in first quarter profits to nearly €44m.

Dublin-headquartered aircraft leasing company Avolon has secured a long-term loan arrangement that will finance up to 21 aircraft in the coming years.

Revenues at Irish aircraft leasing firm Avolon soared 35% to $606m (€542m) last year as the company’s market leading fleet continued to deliver value for shareholders.

The managing director of Loyaltybuild confirmed yesterday that a "very sophisticated cyber attack" 14 months ago cost the firm millions of euro in lost revenues.

Avolon Holdings, the Dublin-headquartered aircraft lessor backed by CVC Capital Partners, Cinven and Oak Hill Capital Partners, declined on its trading debut yesterday after raising $273 million (€218.8m) in a US initial public offering — the largest capital raising by an Irish company in the last seven years.

Dublin-headquartered aircraft leasing company Avolon has seen year-on-year profits to the end of September climb by more than €11m.

Irish-based aircraft leasing company Avolon is in talks with China’s AVIC Capital Company over the possible sale of the business, the Chinese company said in a statement to the Shanghai Stock Exchange.

A Dublin-headquartered aircraft leasing company has signed a deal worth more than €8.5bn.

Six highflying executives, led by Domhnal Slattery, at the Dublin-based aircraft leasing firm Avolon last year shared a bumper pay pot of $7m (€5.17m).

The media firm established by aviation entrepreneur Domhnal Slattery has recorded a profit for the first time.

The aircraft leasing firm at the centre of the biggest deal in Irish corporate history recorded pre-tax profits of $32.7m (€24m) last year.

Businessman Dómhnal Slattery’s action against Friends First Life Assurance Company, which he alleges threatened to pursue him for almost $10m (€7.6m) under an alleged guarantee over funds issued to buy a hotel in Washington DC, has opened before the Commercial Court.

Dublin-based aircraft leasing firm Avolon has inked a deal with leading manufacturer, Airbus, to buy 15 planes with a combined value of $1.4bn (€1.15bn).

Irish-owned aircraft leasing company Avolon has struck a deal to buy 30 aircraft from Boeing in a deal valued at $2.3 billion (€1.87bn).

Pre-tax profits at Co Clare- based customer loyalty rewards firm, Loyaltybuild decreased by 7% last year to €4m in spite of an increase in revenues.

Aviation entrepreneur, Dómhnal Slattery has confirmed that his Dublin-based €4bn Avolon aircraft leasing business is profitable less than two years after launching in 2010.

An influential aviation entrepreneur said yesterday the outcome for Shannon Airport under current Government proposals “will be uninteresting, moribund and people losing jobs”.

Avolon, the Irish-owned aircraft leasing company, has said it remains on track to grow its fleet size to 150 aircraft over the next two years.

Shannon Airport is dead unless it is totally re-engineered, according to a leading Irish aviation executive.

THE editor of aircraft financier Domhnal Slattery’s newspaper venture said yesterday that The Clare People will survive.

THE entrepreneur Domhnal Slattery’s Jetbird venture accumulated losses of €11.4 million before the appointment of a wind-down manager for the ill-fated project.

IRISH aircraft leasing group Avolon has announced its second capital raising — of $650m (€485m), comprising $250m of equity and $400m of debt finance.

PRE-tax losses at Irish private equity group Claret Capital last year increased by 8.5% to €3.7 million.

A WASHINGTON hotel backed by Irish investors, one of whom is Senator Feargal Quinn, has been repossessed by Barclays Capital which is trying to recover loans.

A BUSINESS that is co-owned by airline company executive Domhnal Slattery and publishes The Clare People newspaper last year sustained losses of over €1 million.

JetBird, an Irish company planning a private jet service in Europe, said it sold €10 million of share capital to an unidentified Middle Eastern investor, boosting the startup’s value to more than €100m.

IRISH-owned private executive jet operator JetBird has completed a private placement valuing the company at €101 million.

Private investment firm Claret Capital has today announced that Tom McAleese will be joining the firm in Spring 2008 as chief operating officer.

A NEW local newspaper hits the stands of Clare this morning.

PRE-tax profits at the Clare Champion newspaper have fallen 21% as the company gears up for a major circulation battle with the soon to be launched Clare People tabloid newspaper.