Avolon posted a 26% drop in second-quarter profit to $185 million, but achieved an investment grade corporate credit rating earlier than planned, according to the Irish aircraft lessor.  The 26% year-on-year (YOY) profit decline can largely be attributed to finance expense that was impacted by an $83 million movement in non-cash gains and charges related to amendments to Avolon’s debt facility and refinancing activity, a spokesman said.  The Dublin-headquartered lessor ...

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