Avolon delivers one Airbus A320-200 to Thai Air Asia

Second Avolon aircraft on lease to Thai Air Asia

Avolon (NYSE: AVOL), the international aircraft leasing company, announces the delivery of one Airbus A320-200 aircraft to Thai Air Asia. This is the second Avolon aircraft on lease to Thai Air Asia.

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/20160414006157/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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