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Avolon has partnered with Gözen Holding to commercialize zero-emissions eVTOL travel in Turkey. This agreement includes a commitment to purchase or lease up to 50 VX4 eVTOL aircraft, with an option for 50 more. Avolon has fully placed its order for 500 VX4s, oversubscribed by 50 options. The partnership aims to develop an urban air mobility platform leveraging both companies' expertise. CEO Dómhnal Slattery highlighted the potential of VX4 to reshape short-haul travel, while Gözen Holding's CEO Mekin Gözen emphasized the sustainability aspect in Istanbul's congested environment.

Vertical Aerospace (NYSE: EVTL) has secured a partnership with AirAsia to lease a minimum of 100 VX4 electric aircraft through Avolon, extending its presence in Southeast Asia. This agreement follows significant pre-orders, totaling 1,350 aircraft worth $5.4 billion, from major airlines, including American Airlines and Virgin Atlantic. The VX4 promises zero operational emissions, speeds of up to 200 mph, and a range exceeding 100 miles, aiming to revolutionize urban air mobility. This marks AirAsia's first placement since Vertical's NYSE listing in December 2021.

Avolon, a leading aircraft leasing company, has signed a non-binding agreement with AirAsia Aviation Group to lease a minimum of 100 VX4 eVTOL aircraft. This deal reflects a strong demand for Avolon's VX4, with 90% of its order book now placed. The partnership aims to commercialize zero-emissions aircraft and develop an urban air mobility platform in Southeast Asia. The VX4, capable of speeds up to 200 mph and a range of over 100 miles, is set to transform air travel with its advanced capabilities.

Avolon, an international aircraft leasing company, reported its FY 2021 financial results, highlighting a net income of $47 million compared to a loss of $37 million in FY 2020. Lease revenue decreased by $135 million to $2.1 billion. The company raised $3.7 billion in new debt at a record low average cost of 2.5% and ended the year with $6.3 billion in liquidity. Notably, Avolon announced significant fleet growth, with 592 aircraft managed, and made a groundbreaking $2 billion order for eVTOL aircraft.

Avolon released its 2022 outlook paper, ‘Rise Above’, forecasting a continued recovery in aviation. Key highlights include a rebound of international air traffic to 70% of pre-pandemic levels, driven by strong economic growth and pent-up demand. The lessor share of the commercial aircraft fleet is anticipated to surpass 50%, aiding airlines in deleveraging and transitioning to asset-light models. Environmental concerns remain crucial, with a push for sustainable aviation fuels and electric aircraft. Avolon anticipates growth in air cargo profitability and the doubling of carbon credit prices by 2030.

Avolon reported strong performance in Q4 and FY 2021, highlighted by delivering 49 new aircraft and executing 229 lease transactions, leading to a 4% increase in their fleet to 592 aircraft. They successfully raised $3.7 billion in debt at a low cost of 2.5% and increased their revolving debt capacity to $5.9 billion. Avolon also announced a groundbreaking $2 billion order for up to 500 VX4 eVTOL aircraft, signaling a commitment to zero emissions. S&P, Moody's, and Fitch reaffirmed their investment-grade rating with a stable outlook.

KKR has signed a definitive agreement to acquire Yayoi Co., Ltd., Japan's leading software provider for SMEs, from ORIX Corporation. Yayoi is renowned for its accounting and tax software, having over 2.5 million registered users. The acquisition aims to enhance Yayoi's growth and accelerate digital transformation for Japan's SMEs. KKR, with significant expertise in technology investments, is set to boost Yayoi’s market penetration and operational efficiency. The transaction is expected to close by March 1, 2022, pending regulatory approvals.

Avolon has delivered its first A330neo aircraft to Cebu Pacific, marking the beginning of an eight aircraft lease agreement. This delivery is part of a broader strategy to enhance Cebu Pacific's operational capacity with more fuel-efficient aircraft, contributing to its goal of an all-Neo fleet by 2027. Avolon, a significant player in aircraft leasing, has 48 A330neo aircraft in its portfolio. The demand for aircraft is robust, reflecting a recovery in aviation post-pandemic. Deliveries of the remaining A330neo aircraft are set to continue through mid-2024.