AWAS
AWAS is a Dublin-based commercial aircraft leasing company founded in 1985. It leases aircraft to global airline operators through multiple Irish legal entities and earns recurring rental income from its aircraft portfolio.
- Company typePrivate
- Founded1985
- HeadquartersDublin, Ireland
- Headcount51–100
- GTM typeB2B
- OfferingServices
What AWAS does
AWAS is a commercial aircraft leasing company headquartered in Dublin, Ireland, founded in 1985. The firm operates through multiple Ireland-domiciled special-purpose legal entities — specifically AWAS 36698 Ireland, AWAS 36694 Ireland, and AWAS 36695 Ireland — that lease commercial aircraft to airline operators globally. As a privately-held B2B lessor, AWAS generates revenue through recurring lease rentals on its aircraft portfolio, and its disclosed operating status is active based on ongoing insolvency-related legal proceedings.
The most documented recent activity centers on insolvency petitions filed before India's National Company Law Tribunal (NCLT) against SpiceJet in April 2024 over alleged lease defaults of Rs 77 crore (approximately USD 9 million). The NCLT directed the AWAS entities to submit a valid Power of Attorney by July 3, 2025, following the expiration of the prior Power of Attorney on February 11, 2025. The available source material is limited primarily to this single legal dispute and basic firmographic data; it does not disclose fleet size, asset base, revenue, ultimate ownership, parent company, or a broader strategic agenda. Consequently, deeper analytical inference about the company's competitive position, scale, financial trajectory, or strategic direction is constrained by the thinness of the evidence base.
AWAS firmographics
Firmographics- Name
- AWAS
- Legal name
- AWAS
- Website
- https://awas.com
- Company type
- Private
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- AWAS is a Dublin-based commercial aircraft leasing company founded in 1985. It leases aircraft to global airline operators through multiple Irish legal entities and earns recurring rental income from its aircraft portfolio.
- Ownership category
- akta.pro rank
AWAS industry classification
Industry- Product category
- Aircraft Leasing Services
- NAICS
- Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing (532411), Commercial and Industrial Machinery and Equipment Rental and Leasing (5324)
- SIC
- Services-Miscellaneous Equipment Rental & Leasing (7350), Services-Equipment Rental & Leasing, Nec (7359)
- akta.pro primary industry
- Private Aviation Insurance & Financing/Leasing Services (THABAFAM)
Keywords
Where AWAS is headquartered
LocationHeadquarters
- HQ city
- Dublin
- HQ country
- Ireland
- HQ region
- Europe
Markets served
AWAS business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Others, Personnel, Marketing or Sales, Technology or R&D
AWAS product offering
Product offeringCore offering
AWAS is a Dublin-based global commercial aircraft leasing company that leases commercial aircraft to airlines worldwide. The company operates through multiple Ireland-domiciled legal entities (including AWAS 36698 Ireland, AWAS 36694 Ireland, and AWAS 36695 Ireland) which own aircraft and lease them under operating leases to commercial passenger and cargo airline customers.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Aircraft Leasing Operating leases of commercial aircraft to airline customers worldwide. AWAS owns aircraft through multiple Ireland-domiciled entities (including AWAS 36698 Ireland, AWAS 36694 Ireland, and AWAS 36695 Ireland) and leases them under multi-year operating lease agreements to commercial passenger and cargo airlines.
Companies that use AWAS
Customer profileIdeal customer profiles1 record
AWAS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AWAS partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- SpiceJetAWAS (through entities AWAS 36698 Ireland, AWAS 36694 Ireland, and AWAS 36695 Ireland) is an aircraft lessor engaged in legal proceedings with SpiceJet. AWAS filed insolvency petitions against SpiceJet over alleged defaults of Rs 77 crore. The NCLT directed the lessors to submit valid Power of Attorney by July 3, 2025.
Recent moves2 records
Expansion highlights1 record
AWAS competitors and assessment
Company assessmentEmerging players
- ICBC Financial Leasing: China-based commercial aircraft lessor that has grown aggressively into global airline leasing; competes with AWAS for placements in Asian markets and with cross-border customers.
Direct peers
- Jackson Square Aviation: San Francisco-based commercial aircraft lessor with a globally diversified airline portfolio; comparable mid-tier scale and similar focus on narrowbody operating leases.
- BOC Aviation: Singapore-headquartered major commercial aircraft lessor with global airline customers; directly comparable business model serving airlines through operating leases.
- Aviation Capital Group: US-based commercial aircraft lessor with a global portfolio of operating leases to airlines; competes with AWAS for mid-size and large airline lease placements.
- BBAM Aircraft Management: Independent commercial aircraft lessor and manager with global airline customers; closely comparable operating-lease business model and customer overlap with AWAS.
- Dubai Aerospace Enterprise (DAE): Global aviation services company providing commercial aircraft leasing (DAE Capital) and MRO services; closely comparable operating-lease model with global airline customers and similar Dublin office presence.
- SMBC Aviation Capital: One of the world's largest aircraft lessors, headquartered in Dublin and owned by SMBC; directly competes with AWAS in narrowbody and widebody leasing to commercial airlines.
- Air Lease Corporation: Major US-listed commercial aircraft lessor with a globally diversified airline customer base; competes head-to-head with AWAS for new aircraft placements and airline lease mandates.
- Avolon Aerospace Leasing: Dublin-based major commercial aircraft lessor with a global airline customer base; offers a directly comparable operating-lease product to airlines worldwide.
Broad incumbents
- AerCap Holdings: World's largest aircraft lessor by fleet value; directly comparable business model (operating leases on commercial aircraft), customer base (airlines globally), and Irish domicile. The dominant scaled benchmark for AWAS.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat4 records
Key risks4 records
Key highlights4 records
Customer concentration
AWAS social profiles
Digital presenceAWAS financial estimates
Financial estimateRevenue estimate
Valuation estimate
AWAS leadership team
Management profileNumber of profiles
AWAS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AWAS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AWAS
What does AWAS do?
AWAS is a Dublin-based global commercial aircraft leasing company that leases commercial aircraft to airlines worldwide. The company operates through multiple Ireland-domiciled legal entities (including AWAS 36698 Ireland, AWAS 36694 Ireland, and AWAS 36695 Ireland) which own aircraft and lease them under operating leases to commercial passenger and cargo airline customers.
Is AWAS a public or private company?
AWAS is a private company. It is classified as corporate owned and is currently operating.
When was AWAS founded?
AWAS was founded in 1985. It employs 51 to 100 people.
Where is AWAS based?
AWAS is headquartered in Dublin, Ireland, in the Europe region.
Who are AWAS's main competitors?
ICBC Financial Leasing is listed as an emerging player. Direct peers are Jackson Square Aviation, BOC Aviation, Aviation Capital Group, BBAM Aircraft Management, Dubai Aerospace Enterprise (DAE), SMBC Aviation Capital, Air Lease Corporation and Avolon Aerospace Leasing. AerCap Holdings is listed as a broad incumbent.
Does AWAS have an API?
No public API is recorded for AWAS.
What industry is AWAS in?
AWAS's product category is Aircraft Leasing Services. Its primary akta.pro industry code is THABAFAM, Private Aviation Insurance & Financing/Leasing Services. Its NAICS code is 532411 and its SIC code is 7350.