One of Ireland’s most successful entrepreneurs, and one of the world’s leading aircraft leasing pioneers, Dómhnal Slattery, is to speak at the Institute of Directors’ premier annual event in Dublin this Autumn.
Dómhnal is the founding CEO of Avolon. Established in 2010, in what was one of the largest ever private equity funded start-ups, with $1.1 billion of initial equity, Avolon has rapidly grown to become the world’s third largest aircraft lessor.
Avolon’s launch shareholders included three of the leading private equity firms globally and GIC, the sovereign wealth fund of Singapore. Following four years in private equity ownership, Avolon listed on the New York Stock Exchange in December 2014 in what was, at that time, the largest ever listing on the NYSE by an Irish founded company.
Within eight months of listing, Avolon was the subject of a $7.6 billion bid by Bohai Capital which delivered a 55% return to shareholders who invested in Avolon’s IPO. This transaction, which completed in January 2016, also placed Ireland among the top five recipients of Chinese foreign direct investment in Europe in 2016.
In October 2016, Avolon agreed to acquire the aircraft leasing business of CIT for $10 billion. Following the completion of this transaction in April 2017, Avolon confirmed its position as the fastest growing aircraft lessor globally with an owned, managed and committed fleet of 850 aircraft serving 150 airlines in 63 countries. Avolon is Headquartered in Dublin with offices in China, Hong Kong, Singapore, Dubai, and the United States.
Originally from Ennis, Dómhnal started his aviation career in GPA in 1989. He founded International Aviation Management Group (‘IAMG’) in 1994 which he rapidly established as one of the leading aviation finance advisory houses for the world’s airlines. This success was identified by the Royal Bank of Scotland Group who acquired IAMG as the launch platform for RBS Aviation Capital, led by Dómhnal as CEO. Today, that business is owned by SMBC and is one of the world’s top five lessors in the world.
Dómhnal will be speaking at the Institute of Directors’ Autumn Lunch sponsored by Maples group at the Clayton Hotel - Burlington Rd, Dublin 4, on Friday, 22nd September 2017.
Bookings via https://www.iodireland.ie/news-events/events