START-UP costs totalling $15.3 million (€10.64m) for aviation financier Domhnall Slattery’s Avolon Aerospace Leasing group contributed to the group recording a loss of $35m (€24.3m) in its first year, new figures show.

IRISH-OWNED aircraft leasing company Avolon has completed its second significant fleet enhancement in less than a week.

IRISH aircraft leasing company Avolon is confident of further boosting its fleet, following its acquisition of two aeroplanes from Air Berlin for an undisclosed fee.