VietJet, Vietnam’s leading low-cost carrier, is set to become one of the first international airlines to launch commercial operations of the COMAC C909 beginning mid-April 2025, deploying the aircraft on domestic routes within Vietnam. This move marks a significant step for both VietJet and the Chinese-manufactured narrowbody aircraft as it enters international service.
EVA Air, the Taiwanese full-service carrier, has finalized a firm order with Airbus for six A350-1000s and three A321neo aircraft, formalizing its March 2025 commitment to the European manufacturer. This latest transaction significantly strengthens EVA Air’s widebody and narrowbody expansion pipeline, positioning the airline for long-term fleet modernization and capacity growth.
Croatia Airlines has continued its fleet modernization strategy by retiring another DHC8 turboprop, specifically the unit with serial number 4205, as part of its ongoing transition toward an all-jet fleet centered on the Airbus A220 family. This marks another step in phasing out its legacy De Havilland Canada Dash 8-Q400 aircraft.
Avolon, one of the world’s largest aircraft leasing companies based in Ireland, has reported a highly active first quarter of 2025, marked by robust acquisition, sales, and placement activity. The company acquired 115 aircraft, sold 34 aircraft, and ended the quarter with 66 aircraft agreed for sale, underscoring the strength of demand and fleet turnover in the leasing market.
AviLease, the Saudi Arabian aircraft leasing company, has signed strategic long-term lease agreements with Turkish Airlines for a total of eight Airbus A320neo aircraft. Under the terms of the deal, two aircraft have already been delivered, with the remaining six scheduled for delivery throughout 2025.
Aeroitalia, the Italian carrier, has entered into a wet lease agreement with Trade Air of Croatia for an Airbus A320, serial number 3337, to operate services between Rome Fiumicino and Bergamo. The lease covers short-term capacity needs and reinforces Aeroitalia’s domestic network connectivity.
Icelandair has released its March 2025 traffic results, showing solid year-over-year growth across key performance indicators as the carrier continues to rebound in both passenger demand and operational output.
LATAM Airlines Group, the largest airline holding company in Latin America, has received a series of credit rating upgrades from Fitch Ratings (US), reflecting improved financial performance and stronger fundamentals following its post-bankruptcy recovery. The agency affirmed a Positive Outlook across all categories.
Chorus Aviation, based in Canada, has announced its intention to initiate a substantial issuer bid (SIB) through which the company will offer to repurchase up to US$17.5 million worth of its outstanding Class A Variable Voting Sharesand Class B Voting Shares. The move is part of Chorus Aviation’s ongoing capital management strategy aimed at delivering value to shareholders.
BOC Aviation, the Singapore-headquartered aircraft lessor, has successfully closed a US$1.5 billion self-arranged term loan with participation from 21 banks globally. The transaction includes two separate facilities, allocated respectively to BOC Aviation Ltd. in Singapore and BOC Aviation (Ireland) Ltd., reinforcing the group’s diversified funding strategy and global financial positioning.
