DP Aircraft I, a UK-based aircraft leasing company, has entered into a significant agreement with LOT Polish Airlines for the lease of two Boeing 787-8 aircraft. This arrangement will be managed through DP Aircraft I’s newly established Irish special purpose vehicles (SVPs), named DP Aircraft Ireland MSN 36110 and DP Aircraft Ireland MSN 35320.
China Airlines has secured a long-term lease agreement for three Airbus A321neo aircraft from Avolon (Ireland), with lease terms spanning 144 months. This strategic move comes as the airline navigates global supply chain challenges affecting aircraft deliveries and operational expansion.
Norse Atlantic Airways has completed the redelivery of three Boeing 787-8 aircraft, marking the end of their dry lease sublease arrangement with another airline. The move is part of the airline’s strategy to operate a standardized fleet of 12 Boeing 787-9s, enhancing efficiency, operational flexibility, and cost-effectiveness.
FlyKhiva, a growing Uzbek airline, has transitioned one of its two Boeing 737-300 aircraft from a wet lease to a dry lease with Icelandair. The first aircraft, serial number 30179, has already been converted, while the second aircraft, serial number 29434, is expected to follow in due course. This move signifies FlyKhiva’s increasing operational independence as it moves toward self-sufficiency in aircraft management.
Air Greenland has entered into a six-year lease agreement with Carlyle Aviation Partners (Ireland) for the addition of an A320neo to its fleet. The aircraft is set to be delivered in December 2026 and will play a key role in enhancing connectivity between Copenhagen and Ilulissat’s new airport.
Air Lease (US) has announced long-term lease agreements with Qanot Sharq Airlines (Uzbekistan) for the delivery of five Airbus A321neo aircraft, including three A321XLRs and two A321LRs. These aircraft will be delivered in 2026 and 2027 from Air Lease’s existing orderbook with Airbus.
Alliance Airlines (Australia) has confirmed a major fleet expansion centered around the Embraer E190, with multiple lease agreements set to strengthen its operations through 2025 and 2026.
SolitAir, a UAE-based startup carrier, is poised to take delivery of its first dry-leased Boeing B737-800F shortly after it receives its Air Operator Certificate (AOC) later this month. The freighter will mark the beginning of the airline’s ambitious plan to build a fleet of 10 freighters by mid-2026.
