Setna iO, a U.S.-based aviation asset management and engine leasing company, has announced the installation and lease of one V2500-A5 engine to Heston Airlines, a Lithuanian ACMI and charter operator. The leased engine will support Heston’s peak summer 2025 flying season, ensuring operational continuity during a high-demand period.
Air Travel, a regional airline based in China, has expanded its narrowbody fleet with the delivery of one Airbus A319, bearing serial number 8616, under a lease agreement. The aircraft is equipped with CFM56-5B7/3 engines, a common and reliable engine type for the A320ceo family.
Air Algerie, the national airline of Algeria, has expanded its narrowbody fleet capacity by leasing two Boeing 737-800s from SkyUp Airlines of Ukraine and an additional B737-800 from Ascend Airways of the United Kingdom. All aircraft involved in the transaction are listed under the same serial number: 29368, suggesting a complex lease history or possible reassignment.
AviLease, the Saudi Arabian aircraft leasing company, has signed strategic long-term lease agreements with Turkish Airlines for a total of eight Airbus A320neo aircraft. Under the terms of the deal, two aircraft have already been delivered, with the remaining six scheduled for delivery throughout 2025.
BOC Aviation, the Singapore-headquartered aircraft lessor, has successfully closed a US$1.5 billion self-arranged term loan with participation from 21 banks globally. The transaction includes two separate facilities, allocated respectively to BOC Aviation Ltd. in Singapore and BOC Aviation (Ireland) Ltd., reinforcing the group’s diversified funding strategy and global financial positioning.
Enter Air, the Polish charter airline, is strengthening its fleet ahead of the peak summer 2025 travel season by leasing three Boeing B737-800s. The move supports the carrier’s growth strategy as it seeks to increase market share in the European leisure segment during high-demand periods.
Ascend Airways, a UK-based operator, has taken delivery of a Boeing 737-8, bearing serial number 44863, as part of a lease agreement. The aircraft is powered by LEAP-1B27 engines, reflecting the airline’s continued push to modernize and expand its narrowbody fleet with next-generation, fuel-efficient aircraft.
Crestone, a U.S.-based aviation investment firm, has expanded its portfolio with the acquisition of two Boeing narrowbody aircraft currently under lease with major North American carriers. The firm has purchased one B737-800, leased to Sunwing Airlines of Canada, and one B737-700, leased to Southwest Airlines in the United States.
United Airlines, a leading carrier in the US, has further strengthened its fleet by taking delivery of a leased B737-9, serial number 67741, which is powered by LEAP-1B28 engines. This strategic enhancement is part of United’s ongoing efforts to modernize its fleet with more fuel-efficient and environmentally friendly aircraft.
In a significant development within the cargo sector, WestJet, the Canadian airline, is facing a strategic shift with the resignation of Kirsten de Bruijn, Executive Vice President of Cargo. This move comes as WestJet evaluates the future of its cargo operations, specifically the winding down of its freighter activities.
