Avation, a Singapore-based aircraft leasing company, has entered into an agreement to sell a Boeing 777-300ER that is currently on lease to Philippine Airlines. The transaction is expected to be completed in the third quarter of 2025, representing a significant divestment from its widebody portfolio.
Arkia, an Israeli leisure-focused carrier, has announced plans to wet lease one A330-200 from GullivAir, a Bulgarian airline, for use during the summer 2025 season. This move allows Arkia to temporarily expand its widebody capacity in response to heightened seasonal demand.
Alaska Airlines, a major U.S. carrier, has taken delivery of a new Boeing 737-8, bearing manufacturer serial number 68517. The aircraft is equipped with LEAP-1B engines supplied by CFM International, furthering the airline’s commitment to fleet modernization and fuel-efficient operations.
Air Moana, based in French Polynesia, is preparing to take delivery of its first ATR72-600XT, the latest variant of the popular turboprop aircraft designed for regional efficiency and performance in challenging environments. This delivery marks the beginning of a three-aircraft order aimed at bolstering the airline’s network and modernizing its fleet.
Air France has taken delivery of a new Airbus A220-300, further advancing its fleet renewal strategy with one of the most efficient and modern narrowbody aircraft available today. The aircraft carries manufacturer serial number 55353 and is powered by PW1521G-3 engines manufactured by Pratt & Whitney.
Advantage Air, a Kenyan carrier, has officially taken delivery of its first ATR72-200F, signaling the airline’s entry into or expansion of dedicated freight operations. The aircraft, bearing serial number 256, joins the airline’s fleet as a turboprop freighter, offering regional cargo transport capabilities.
WestJet, one of Canada’s largest airlines, is considering an initial public offering (IPO) as part of its long-term strategic roadmap. The update was shared by Onex Corporation, the airline’s parent company, which has described a public offering as a “natural path” for the airline’s continued evolution and expansion.
Vietnam Airlines, the national flag carrier of Vietnam, has signed a memorandum of understanding (MOU) with ING, a Netherlands-based global financial institution, to secure funding of up to $1.5 billion. This significant agreement is part of the airline’s broader plan to finance strategic projects, modernize operations, and ensure long-term financial resilience.
Transat AT, a Canadian leisure airline and tour operator, has entered into an agreement in principle with the Canada Enterprise Emergency Funding Corporation (CEEFC) to restructure the significant debt it incurred during the COVID-19 pandemic. The debt was provided under the Large Enterprise Emergency Funding Facility (LEEFF)program, which was launched to assist major Canadian companies affected by the crisis.
Delta Air Lines, one of the leading U.S. carriers, has successfully completed a $2.0 billion public offering of unsecured notes. The move is part of the airline’s broader financial strategy to enhance liquidity and support long-term capital needs.
