Aero Engine Solutions (US) has announced the formation of two dedicated leasing entities, AES Engine Leasing and AVEN Engine Solutions, marking a significant expansion in its aircraft and engine leasing portfolio.
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SpiceJet has made a bold move to reverse its declining operational footprint by securing lease agreements for 20 additional aircraft, set to arrive between mid-October and mid-November 2026. This strategic expansion is designed to dramatically increase flight volumes during the high-demand Indian winter season and signals a renewed drive from the embattled carrier.
Aircastle has announced its financial results for the fiscal first quarter of 2025, revealing a total revenue of $260 million. The company achieved a net income of $49 million, demonstrating continued profitability in its aircraft leasing operations despite ongoing global macroeconomic challenges.
Aircraft Leasing & Management (ALM), based in the United Kingdom, has confirmed the acquisition of an Airbus A220-300 by its parent company, Fuyo General Lease of Japan, from Air Lease Corporation (ALC) of the United States. The aircraft, bearing manufacturer serial number (MSN) 55168, remains under an existing operating lease with ITA Airways, the flag carrier of Italy.
VietJet Air, a prominent Vietnamese low-cost carrier, has lost a legal battle in a London court and is now liable to pay $181 million to FW Aviation (UK) for breaching aircraft lease agreements involving Airbus A321 aircraft. The court ruled that the termination notices served by FW Aviation were valid and enforceable, ending VietJet’s challenge.
Fitch Ratings (US) has assigned A-1 Notes ‘Asf (EXP)’ and B-1 Notes ‘A-sf (EXP)’ ratings to AASET 2025-1, a securitization backed by lease payments and disposition proceeds from a pool of 23 passenger aircraft. These aircraft are operated by third-party lessees, ensuring diversified exposure across multiple carriers.
Airbus has recorded significant commercial activity in March 2025, securing a diverse mix of narrowbody and widebody aircraft orders, while simultaneously cancelling a major order previously placed by Go First, an Indian low-cost carrier undergoing insolvency proceedings.
