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.
Ashland Place Finance, a U.S.-based aviation finance provider, has completed two new aircraft leasing facilities for Sirius Aviation Capital Holdings, headquartered in the UAE. The transaction includes two Airbus A320 aircraft now on operating lease with Peach Aviation of Japan and Volaris of Mexico, enhancing both carriers’ narrowbody fleets.
EgyptAir has expanded its long-haul capabilities with the delivery of one Airbus A330-200, manufacturer serial number (MSN) 874, through a lease agreement. The aircraft is powered by Pratt & Whitney PW4168A engines, offering proven performance for medium- and long-haul operations.
mas, a Mexico-based cargo airline, has confirmed that its next Airbus A330-300P2F—serial number 1789—will be deployed under a CMI (Crew, Maintenance, and Insurance) agreement with Galistair Malta. This strategic placement is part of mas’s broader plan to scale its freighter operations using third-party partnerships in Europe.
BOC Aviation, a leading Singapore-based aircraft lessor, has placed five Airbus A321neo aircraft with Thai Airways International, as part of its ongoing fleet development strategy and collaboration with major carriers in Asia.
