Fleet Renewal

Hellerup – November 04, 2026 -- TORM plc reported third-quarter 2026 net profit of USD 199m, up from USD 78m a year earlier, and raised the lower end of its full-year guidance by USD 50m as product tanker freight rates held at historically strong levels.

TORM lifts Q3 TCE earnings to USD 353m and EBITDA to USD 274m

Time charter equivalent (TCE) earnings reached USD 353m, against USD 236m in the same period of 2025. EBITDA totaled USD 274m, compared with USD 152m a year earlier, which included USD 7m of unrealized losses on financial instruments. Basic EPS was USD 1.94 (2025: USD 0.79), and Return on Invested Capital rose to 26.3% from 13.8%.

For the first nine months, TCE earnings totaled USD 1,151m (2025: USD 659m), EBITDA USD 891m (2025: USD 414m) and net profit USD 660m (2025: USD 199m).

Seattle – November 04, 2026 -- Avolon has finalized a purchase of 140 Boeing 737-10 airplanes, the largest 737 MAX order ever placed by a lessor, lifting its backlog to more than 240 unfilled orders, Boeing and Avolon announced.

Lessors have booked more than 230 737-10s in 2026

Lessors have placed firm orders for more than 230 737-10 airplanes this year. That is five times the lessor backlog for the largest 737 MAX variant at the end of 2025.

Avolon CEO Andy Cronin said the order strengthens the company's long-term delivery pipeline and its ability to support airline growth and fleet renewal "well into the next decade."

Lessors hold 1,450 737 MAX orders, about 20% of Boeing's backlog

Lessors have ordered more than 1,450 737 MAX airplanes in total, about 20% of Boeing's backlog. Boeing projects passenger traffic growth of 4% a year over the next 20 years, which is driving lessors to broaden their single-aisle offerings.