JANUARY 12TH, 2017

Avolon Receives Corporate Credit Ratings

Avolon Holdings Limited (“Avolon”), the international aircraft leasing company, today announces that the three international credit rating agencies, Fitch Ratings, Moody’s and S&P Global
Ratings, have issued corporate/issuer credit ratings on Avolon. They are:
Fitch Ratings: BB
Moody’s: Ba3
S&P Global: BB+