An improved trend in lease revenue collection in Q3 at Avolon, financing transactions for approximately $2.2 billion at AerCap; $7 billion in available liquidity at ALC and an owned-aircraft utilisation rate of 99.7 per cent at BOC Aviation are some of the positive features highlighted in the latest business performance updates by four of the leading lessors for the third quarter; But: a significant proportion of lease deferrals currently being granted to airline customers by lessors will end up being written off, according to a new in-depth sectoral report by Moody’s Investors Services; Also: Norwegian converts $1.9 million lease debt into bonds.