Avolon Redelivers One Airbus A320-200 to VietJet Air and One Airbus A330-300 Aircraft to Garuda Indonesia

Second Avolon aircraft on lease to VietJet Air and seventh Avolon aircraft on lease to Garuda Indonesia

Avolon, the international aircraft leasing company, announces the delivery of one Airbus A320-200 aircraft to Vietjet Air and one Airbus A330-300 aircraft to Garuda Indonesia. This is the second Avolon aircraft on lease to VietJet Air and the seventh Avolon aircraft on lease to Garuda Indonesia.

ENDS

About Avolon

Headquartered in Ireland, with offices in the United States, Dubai, Singapore, Hong Kong and Shanghai, Avolon provides aircraft leasing and lease management services. Avolon is a wholly-owned, indirect subsidiary of Bohai Leasing, a Chinese public company listed on the Shenzhen Stock Exchange. As of December 31, 2015, Avolon’s owned, managed and committed fleet, together with the Hong Kong Aviation Capital fleet, comprised 418 aircraft with an average owned aircraft age of 3.2 years. Together, Avolon, Bohai Leasing and HNA Group is the world’s fourth largest aircraft leasing business by asset value. See www.avolon.aero

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FTI Consulting for AvalonJonathan NeilanT: [phone]M: [phone] [e-mail] PetersT: [phone]M: [phone] [e-mail]