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Sumitomo, SMBC, Apollo And Brookfield Acquire Air Lease

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Sumitomo Corporation, SMBC Aviation Capital, Apollo, and Brookfield have reached a definitive agreement to acquire Air Lease Corporation in a transformational all-cash transaction valued at approximately $28.2 billion including debt. Once the deal closes, Air Lease will be renamed Sumisho Air Lease Corporation, with its aircraft orderbook transferred to SMBC Aviation Capital, which will also act as the servicer for the portfolio.

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Macquarie Infrastructure Partners Increases Stake In Diamond

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Macquarie Infrastructure Partners VI (MIP VI), managed by Macquarie Asset Management, has exercised its option to increase its equity stake in Diamond Infrastructure Solutions from 40% to 49%, strengthening its position in Dow’s U.S. Gulf Coast infrastructure portfolio. The move comes just four months after the joint venture was launched and represents a major step in Macquarie’s long-term infrastructure…

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Macquarie AirFinance Explores Strategic Opportunities With J.P. Morgan

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Macquarie AirFinance is evaluating strategic opportunities with the process being led by J.P. Morgan, according to industry sources in mid-August. The timing is aligned with favorable conditions in the global leasing market, as the U.S. Federal Reserve considers potential interest rate cuts and lessors look to expand capacity before the end of the year.

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Air New Zealand Posts $126M FY Profit Amid Engine Struggles

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Air New Zealand has reported a net profit of $126 million for the financial year ending June, representing a decline from the $146 million achieved in the prior year. The fall in profitability was driven largely by prolonged engine maintenance challenges, which left as many as 11 aircraft grounded at peak times, significantly straining operations and highlighting the central role of engine…

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Fitch Assigns BB Rating to Uzbekistan Airports

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Uzbekistan Airports (#Uzairports), the state-owned operator of all airports in Uzbekistan, has received its first international credit rating from Fitch Ratings, which assigned a ‘BB’ Long-Term Issuer Default Rating (IDR) with a stable outlook. The rating is equalized with that of the Republic of Uzbekistan, its ultimate parent, and highlights the company’s pivotal role in the country’s aviation and economic development…

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Asman Airlines Secures $55M Financing For First Narrowbody Fleet

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Asman Airlines, a subsidiary of Airports of Kyrgyzstan, has secured $55 million in financing to expand its fleet with its first narrowbody aircraft. The deal, backed by the Eurasian Development Bank, the Russian-Kyrgyz Development Fund, and state-owned OJSC Eldik Bank, will allow the carrier to add either Airbus A320/A321 or Boeing 737NG models to its fleet. The financing agreement is expected to close in September 2025, following…

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Virgin Australia Faces Higher Maintenance Costs Amid Boeing Delays

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Virgin Australia is grappling with rising maintenance expenses as delays in aircraft deliveries from Boeing force the carrier to keep older aircraft in service longer than anticipated. The airline, which has been undergoing a post-pandemic recovery and modernization plan, has extended some of its existing leases to maintain operational capacity. This decision, however, has increased short-term costs, given…

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SMBC Aviation Capital Launches GAEL II Fund With Japanese Investors

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SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, has announced the successful close of its second Japanese-focused investment fund, GAEL II (Global Aviation Equipment Leasing). The fund, finalized on 20 August 2025 in Dublin, raised equity capital from 14 Japanese financial investors to acquire a portfolio of eight aircraft from SMBC Aviation Capital’s portfolio.

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Air Mauritius Posts Strong First Quarter Profit

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Air Mauritius has announced a net profit of MUR 252.7 million (EUR 4.9 million) for the first quarter of the 2025/2026 financial year, marking the airline’s best first quarter results in nine years. The figures were approved during the board meeting held on 14 August 2025 and reflect a strong performance achieved in spite of significant operational headwinds.