Avolon has received an upgraded issuer credit rating from S&P Global Ratings, with the agency raising the aircraft leasing company’s rating to BBB and assigning a stable outlook.

According to Avolon, the upgrade reflects the strength of the company’s financial profile, supported by ongoing aircraft deliveries, active fleet management, and sustained earnings performance.

S&P also upgraded the issue-level ratings on outstanding senior unsecured notes issued by Avolon Holdings Funding Limited, the company’s wholly owned subsidiary.

Following the latest ratings action, Avolon now holds investment-grade ratings of Baa2 from Moody’s Ratings, BBB from S&P, and BBB from Fitch Ratings.

Ross O’Connor said the upgrade reflected progress made in strengthening the company’s earnings profile and credit fundamentals through disciplined growth and liquidity management.

Avolon stated that continued demand for leased aircraft assets, combined with visibility from its orderbook and balance sheet resilience, supported confidence in its long-term growth outlook.

As of 31 March 2026, Avolon said it had an owned, managed, and committed fleet of 1,131 aircraft serving 139 airlines across 61 countries.

The company is one of the world’s largest aircraft leasing and aviation finance businesses, providing aircraft financing and fleet solutions to airline operators globally.