Avolon, a prominent aircraft leasing firm based in Ireland, has completed the delivery of the first Airbus A320neo to Royal Jordanian, marking the start of an eight-aircraft lease agreement. The aircraft delivered carries serial number 12304, and its arrival signals the beginning of a phased fleet renewal effort for the Jordanian flag carrier.
Ascend Airways, a UK-based carrier, has taken delivery of a Boeing 737-8, bearing serial number 43001, marking a new addition to its narrowbody fleet. The aircraft has been acquired on lease and is powered by LEAP-1B27 engines, which are part of the advanced CFM International LEAP family.
Avolon Holdings, a leading Irish aircraft leasing company, has had its credit outlook revised from stable to positive by S&P Global Ratings. The change applies to both the company’s issuer credit rating and its senior unsecured debt rating, which remain at BBB- but now carry a more optimistic future projection.
Aviation Capital Group (ACG) has successfully delivered another Airbus A321neo to Wizz Air, marking the third aircraft provided under a multi-aircraft sale and leaseback agreement. The delivery reflects ongoing fleet expansion by Wizz Air and highlights the role of strategic leasing partnerships in enabling ultra-low-cost carriers to scale capacity efficiently.
Fitch Ratings, a prominent global credit rating agency, has assigned a long-term issuer credit rating of ‘A’ to CDB Aviation Lease Finance’s proposed fixed-rate senior unsecured US-dollar notes. The rating applies to the new tranche of debt instruments being issued under the company’s expansive funding programs, including its recently priced $700 million senior notes.
CDB Aviation Lease Finance, through its CDBL FUNDING 1 subsidiary, has successfully completed a dual-tranche offering of senior unsecured notes totaling $700 million. The transaction, finalized on 20 May 2025, is part of the company’s broader $3.0 billion Medium-Term Note (MTN) Program, which enables it to flexibly access capital markets and support ongoing fleet growth and lease portfolio expansion.
SAS Link, a regional subsidiary of Scandinavian Airlines (SAS), has expanded its fleet with the delivery of an Embraer E195, bearing serial number 19000749, acquired on lease and powered by CF34-10E5 engines from GE Aerospace. The delivery marks a strategic investment in fleet growth and regional route coverage.
Nok Air, the Thai low-cost airline, has revealed a multi-year fleet expansion plan that will see the carrier temporarily lease two aircraft from November 2025 to April 2026, followed by permanent additions of two aircraft per year from 2026 through 2028. By the end of 2028, the airline aims to maintain a minimum fleet size of 20 aircraft.
DAT (Denmark) is expanding its cooperation with Finnair (Finland) through the extension of a wet lease agreement, which now includes the addition of another Airbus A320 aircraft. From 01 June to 25 October 2025, the new aircraft will operate flights out of Barcelona, supporting both Finnair and Iberia (Spain) operations during the peak summer season.
Batik Air Malaysia has expanded its operational capabilities with the addition of a Boeing 737-800, serial number 39871, acquired on lease and powered by CFM56-7B24E engines. This fleet expansion supports the airline’s strategic focus on enhancing regional connectivity and meeting rising travel demand in Southeast Asia.
