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First Avolon aircraft on lease to Thai Lion Air

Avolon (NYSE:AVOL), the international aircraft leasing company, announces the delivery of one Boeing 737-800 aircraft to Thai Lion Air. This is the First Avolon aircraft on lease to Thai Lion Air.

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

View source version on businesswire.com: http://www.businesswire.com/news/home/20160422005393/en/

AvolonJonathan NeilanT: +353 1 663 3686M: +353 86 231 4135avolon@fticonsulting.comorJennifer PetersT: +353 1 663 3684M:+353 87 178 7021avolon@fticonsulting.com

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