Avolon Q2 2025 Business Update
Q2 Fleet and Financing Highlights
Acquired 15 aircraft, sold 20 aircraft and ended the quarter with 54 aircraft agreed for sale;
Placed 26 aircraft from our orderbook, ending the quarter with 98% of our orderbook placed for the next 24 months;
Ended the quarter with an owned, managed and committed fleet of 1,076 aircraft, including orders and commitments for 442 fuel-efficient, new technology aircraft;
Raised US$2.2 billion in new unsecured bank facilities during the quarter and completed a tender offer for US$1.2 billion of senior unsecured notes due in 2026; and
Ratings upgraded by Moody's and Fitch to Baa2 and BBB respectively; and placed on positive outlook by S&P (BBB-).
About Avolon
Avolon is a leading global aviation finance company connecting capital with customers to drive the transformation of aviation and the economic and social benefits of global travel. We pride ourselves on our deep customer relationships, our collaborative team approach, and our fast execution. We invest with a long-term perspective, diversifying risk and managing capital efficiently to maintain our strong balance sheet. Working with 142 airlines in 60 countries, Avolon has an owned, managed, and committed fleet of 1,076 aircraft, as of 30 June 2025. www.avolon.aero
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
44 minutes ago
- Business Wire
Lithium Royalty Corp. Renews Normal Course Issuer Bid
TORONTO--(BUSINESS WIRE)--Lithium Royalty Corp. (TSX: LIRC) ('LRC') announces today that the Toronto Stock Exchange (TSX) has accepted a notice filed by LRC of its intention to renew its existing normal course issuer bid ('NCIB') that expires July 9, 2025. The TSX notice provides that LRC may, during the 12-month period commencing July 10, 2025 and terminating July 9, 2026, purchase up 1,219,187 of LRC's common shares ('Common Shares'), representing approximately 5% of the issued and outstanding Common Shares, by way of an NCIB on the TSX or through alternative trading systems or by such other means as may be permitted under applicable law. As of July 1, 2025, LRC had 24,383,735 outstanding Common Shares. Based on the average daily trading volume on the TSX of 11,316 Common Shares during the period from January 1 to June 30, 2025, daily purchases will be limited to 2,829 Common Shares, other than block purchase exceptions. Purchases of Common Shares will be made in open market transactions on the TSX or through alternative trading systems. LRC may also purchase Common Shares through private agreements or share repurchase programs if it receives an issuer bid exemption order permitting it to make such purchases. Any purchases of Common Shares made by way of private agreements or under share repurchase programs may be at a discount to the prevailing market price as provided in the relevant issuer bid exemption order. Decisions regarding the timing of future purchases of Common Shares will be based on market conditions, share price, contractual and regulatory restrictions and other factors. LRC may elect to suspend or discontinue its NCIB at any time. Common Shares purchased under the NCIB will be cancelled. LRC believes that the market price of Common Shares could be such that their purchase may be an attractive and appropriate use of corporate funds. From time to time, when LRC does not possess material non-public information about itself or its securities, it may enter into a pre-defined plan with its broker to allow for the purchase of Common Shares at times when LRC ordinarily would not be active in the market due to its own internal trading blackout periods and insider trading rules. Any such plans entered into with LRC's broker will be adopted in accordance with the requirements of applicable Canadian securities laws. About Lithium Royalty Corp. LRC is a lithium-focused royalty company organized in Canada, which has established a globally diversified portfolio of 35 revenue royalties on mineral properties that are related to the electrification and decarbonization of the global economy. The Company's royalty portfolio is focused on the battery supply chain for the transportation and energy storage industries and is underpinned by mineral properties that produce or are expected to produce lithium and other battery materials.
Business Wire
44 minutes ago
- Business Wire
Capstone Copper to Release Second Quarter Results on July 31, 2025
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Capstone Copper Corp. ('Capstone' or the 'Company') (TSX:CS) (ASX:CSC) will release its 2025 second quarter ('Q2 2025') results on Thursday, July 31, 2025 after market close. The announcement will be followed by an investor conference call the same day at 5:00pm Eastern Time / 2:00pm Pacific Time (Friday, August 1, 2025, 7:00am Australian Eastern Standard Time). Q2 2025 Results Webcast and Conference Call Details Conference call webcast link: To connect by phone: To instantly join the conference call by phone, please use the following URL to easily register yourself and be connected into the conference call automatically. You can also dial direct to be entered to the call by the operator: Toronto: 1-437-900-0527 Australia: 61-280-171-385 North America toll free: 1-888-510-2154 Expand An audio replay of the conference call will be available until August 7, 2025. After the replay expiration, an audio file will be available on Capstone's website at Capstone Copper - Events and Presentations. Further information is available at ABOUT CAPSTONE COPPER CORP. Capstone Copper Corp. is an Americas-focused copper mining company headquartered in Vancouver, Canada. We own and operate the Pinto Valley copper mine located in Arizona, USA, the Cozamin copper-silver mine located in Zacatecas, Mexico, the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile, and 70% of the Mantoverde copper-gold mine, located in the Atacama region, Chile. In addition, we own the fully permitted Santo Domingo copper-iron-gold project, located approximately 30 kilometres northeast of Mantoverde in the Atacama region, Chile, as well as a portfolio of exploration properties in the Americas. Capstone Copper's strategy is to unlock transformational copper production growth while executing on cost and operational improvements through innovation, optimization and safe and responsible production throughout our portfolio of assets. We focus on profitability and disciplined capital allocation to surface stakeholder value. We are committed to creating a positive impact in the lives of our people and local communities, while delivering compelling returns to investors by responsibly producing copper to meet the world's growing needs. Further information is available at
Business Wire
44 minutes ago
- Business Wire
Gold Reserve Advises of Conference Call to Discuss US$7.382 Billion CITGO Bid
PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) wishes to advise that it is scheduling a conference call to be held at 10:00 am EDT on Thursday July 10, 2025 to provide more detail on the US$7.382 Billion dollar bid of its U.S. acquisition subsidiary, Dalinar Energy Corporation, chosen as the Final Recommended Bidder for the purchase of shares of PDV Holding, Inc., the indirect parent company of CITGO Petroleum Corp. This call is open to all interested parties and can be accessed through the following: A recording of the call will be available on our website immediately following the call until July 25, 2025 for those unable to attend. On July 3, 2025, we announced that the Notice of Final Recommendation filed by the Special Master appointed by the U.S. District Court for the District of Delaware, which is overseeing the sale process recommended Dalinar as the Final Recommended Bidder. The July 3, 2025 outlined the general terms of the bid but we wanted to have a call to provide an opportunity to review the terms of the bid in more detail and answer questions. A copy of our July 3, 2025 press release, can be found here. Gold Reserve will continue to provide periodic updates regarding the sale process as additional information becomes available. Cautionary Statement Regarding Forward-Looking statements This release contains 'forward-looking statements' within the meaning of applicable U.S. federal securities laws and 'forward-looking information' within the meaning of applicable Canadian provincial and territorial securities laws and state Gold Reserve's and its management's intentions, hopes, beliefs, expectations or predictions for the future. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. They are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements contained in this press release include, but are not limited to, statements relating to any bid submitted by the Company for the purchase of the PDVH shares (the 'Bid'). We caution that such forward-looking statements involve known and unknown risks, uncertainties and other risks that may cause the actual events, outcomes or results of Gold Reserve to be materially different from our estimated outcomes, results, performance, or achievements expressed or implied by those forward-looking statements, including but not limited to: the discretion of the Special Master to consider the Bid, to enter into any discussions or negotiation with respect thereto; the Bid will not be approved by the Court as the 'Final Recommend Bid' under the Bidding Procedures, and if approved by the Court may not close, including as a result of not obtaining necessary regulatory approvals, including but not limited to any necessary approvals from the U.S. Office of Foreign Asset Control ('OFAC'), the U.S. Committee on Foreign Investment in the United States, the U.S. Federal Trade Commission or the TSX Venture Exchange; failure of the Company or any other party to obtain sufficient equity and/or debt financing or any required shareholders approvals for, or satisfy other conditions to effect, any transaction resulting from the Bid; that the Company may forfeit any cash amount deposit made due to failing to complete the Bid or otherwise; that the making of the Bid or any transaction resulting therefrom may involve unexpected costs, liabilities or delays; that, prior to or as a result of the completion of any transaction contemplated by the Bid, the business of the Company may experience significant disruptions due to transaction related uncertainty, industry conditions, tariff wars or other factors; the ability to enforce the writ of attachment granted to the Company; the timing set for various reports and/or other matters with respect to the Sale Process may not be met; the ability of the Company to otherwise participate in the Sale Process (and related costs associated therewith); the amount, if any, of proceeds associated with the Sale Process; the competing claims of other creditors of Venezuela, PDVSA and the Company, including any interest on such creditors' judgements and any priority afforded thereto; uncertainties with respect to possible settlements between Venezuela and other creditors and the impact of any such settlements on the amount of funds that may be available under the Sale Process; and the proceeds from the Sale Process may not be sufficient to satisfy the amounts outstanding under the Company's September 2014 arbitral award and/or corresponding November 15, 2015 U.S. judgement in full; and the ramifications of bankruptcy with respect to the Sale Process and/or the Company's claims, including as a result of the priority of other claims. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. For a more detailed discussion of the risk factors affecting the Company's business, see the Company's Management's Discussion & Analysis for the year ended December 31, 2024 and other reports that have been filed on SEDAR+ and are available under the Company's profile at Investors are cautioned not to put undue reliance on forward-looking statements. All subsequent written and oral forward-looking statements attributable to Gold Reserve or persons acting on its behalf are expressly qualified in their entirety by this notice. Gold Reserve disclaims any intent or obligation to update publicly or otherwise revise any forward-looking statements or the foregoing list of assumptions or factors, whether as a result of new information, future events or otherwise, subject to its disclosure obligations under applicable rules promulgated by applicable Canadian provincial and territorial securities laws. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. For further information regarding Dalinar Energy, visit:
