GOL Linhas Aéreas, a major low-cost airline based in Brazil, has taken delivery of a Boeing B737-8, serial 44040, on lease. The aircraft is powered by LEAP-1B engines from CFM International, representing the latest in fuel-efficient single-aisle propulsion technology.
Aircraft Leasing & Management (ALM), based in the UK, has successfully arranged the lease of two Boeing B737-800aircraft to Garuda Indonesia. The aircraft involved are identified by serial numbers 44217 and 44218, and the deal marks a continuation of Garuda’s gradual fleet renewal and capacity optimization efforts.
ACIA Aero Leasing, based in Ireland, has announced the successful delivery of the first of two ATR72-600 turboprop aircraft to Emerald Airlines, also headquartered in Ireland. The aircraft is configured in a 72-seat layout, maximizing capacity within the aircraft’s regional operational envelope and supporting Emerald Airlines’ continued network expansion.
WestJet, the Canadian low-cost and leisure airline, has expanded its narrowbody fleet with the delivery of a Boeing B737-800, serial number 39959, which is powered by CFM56-7B26 engines. The aircraft has been added to the airline’s fleet on lease, as part of its ongoing growth and fleet renewal strategy.
Renegade Air, a regional operator based in Kenya, has taken delivery of an ATR42-500 aircraft, serial number 637, which will be operated under lease. The turboprop is powered by PW127E engines and is intended to strengthen the airline’s domestic and regional operations.
MUFG, a leading Japanese financial group, has completed a $106 million finance lease transaction with IndiGo, India’s largest airline by market share. The agreement spans 12 years and is secured by two brand-new Airbus A321neoaircraft. This long-term lease reflects continued confidence in IndiGo’s growth trajectory and underscores the strategic role of finance leasing in supporting fleet modernization.
Eurowings, the German low-cost subsidiary of Lufthansa Group, has taken delivery of an Airbus A320, serial number 3734, on wet lease from Avion Express Malta. The aircraft is powered by IAE V2527-A5 engines, a proven workhorse in the narrowbody segment known for reliability and cost efficiency.
Frontier Airlines, a major U.S.-based low-cost carrier, continued to strengthen its fleet strategy during the first quarter of 2025 by extending 14 aircraft leases that were originally scheduled to end in 2026 and 2027. This strategic move reflects the airline’s focus on maintaining operational continuity and avoiding short-term capacity gaps amid increasing demand projections.
Willis Lease Finance Corporation, a leading aviation lessor and asset manager, has successfully closed three Japanese Operating Lease with Call Option (JOLCO) transactions totaling $64.8 million in financing. The deals cover the acquisition of two Pratt & Whitney GTF engines and one LEAP-1A engine, providing flexible long-term financing solutions for high-demand powerplants.
Condor has taken delivery of an Airbus A320, serial number 3275, under a wet lease arrangement from Heston Airlines, a Lithuanian ACMI and charter service provider. The aircraft is powered by IAE V2527-A5 engines, a member of the V2500 family developed by International Aero Engines, widely used in the A320ceo fleet.
