Global Crossing Airlines Group (GlobalX), a U.S.-based charter and ACMI operator, has completed the acquisition of one Airbus A320, bearing manufacturer serial number 3101, marking its first direct aircraft purchase. In addition, GlobalX has signed definitive lease agreements for four Airbus A319s with serials 2477, 2481, 2492, and 2503, with scheduled deliveries spanning from August to November 2025.
Ethiopian Airlines, the flag carrier of Ethiopia and Africa’s largest airline by fleet size, has taken delivery of a Boeing 737-8, identified by manufacturer serial number 62462, powered by LEAP-1B28 engines. The aircraft forms part of the airline’s long-term growth strategy and commitment to operating a modern, fuel-efficient fleet.
China Eastern Airlines has expanded its narrowbody fleet with the delivery of a Boeing 737-8, bearing manufacturer serial number 61637, powered by LEAP-1B27 engines. This delivery is part of the airline’s broader initiative to modernize its short-to-medium-haul operations with more fuel-efficient and environmentally compliant aircraft.
Air Peace, Nigeria’s largest private airline, is poised to take delivery of one Embraer E190 regional jet, with manufacturer serial number 19000431, by the end of this week. The acquisition forms part of the airline’s strategic plan to grow its domestic and regional network with modern, fuel-efficient aircraft tailored to short- and medium-haul operations.
Aeromexico has expanded its fleet with the delivery of a Boeing 737-9, bearing manufacturer serial number (MSN) 68129, and equipped with LEAP-1B28 engines. This new addition reinforces the airline’s strategic fleet modernization plan and supports capacity needs on domestic and regional routes.
Vertical Aerospace, the UK-based advanced air mobility company, has announced the successful closing of its previously disclosed underwritten public offering, generating US$60 million in gross proceeds. The capital raise is intended to advance the development of its electric vertical takeoff and landing (eVTOL) aircraft program and support the company’s general corporate needs.
Iberia, the flag carrier of Spain, has announced an ambitious strategic plan aimed at increasing its operating profit to US$1.6 billion over the coming years. This represents a 40% improvement compared to its 2023 financial performance. The initiative is supported by a planned US$7 billion investment, which will be deployed across fleet, infrastructure, technology, and customer experience enhancements.
China Southern Airlines has issued a forecast anticipating a net loss ranging from US$187 million to US$245 millionfor the first half of 2025. The announcement signals a challenging start to the year for one of China’s largest carriers, as lingering structural issues and macroeconomic headwinds continue to impact profitability.
Aircastle, a global aircraft leasing company based in Ireland, has announced the successful pricing of US$650 million aggregate principal amount of 5.000% Senior Notes due 2030. The notes were priced at 99.306% of par, resulting in a yield that reflects current market demand for aviation-linked fixed-income products.
Air China has released a profit warning ahead of its first-half 2025 financial results, indicating that the airline anticipates a net loss between US$237 million and US$306 million. The forecast underscores continuing pressures on China’s flag carrier amid a difficult operating environment marked by increased fuel costs, competitive pricing, and a slower-than-expected international market recovery.
