SMBC Aero Engine Lease, based in the Netherlands, has successfully completed a sale and leaseback transactionwith Breeze Airways, a U.S.-based low-cost carrier, involving one Pratt & Whitney PW1524G engine. The transaction was finalized in April 2025 and adds to SMBC’s growing portfolio of engine leasing deals in the North American market.
Korean Air, the flag carrier of South Korea, has taken delivery of a Boeing 787-10, bearing manufacturer serial number (MSN) 60307, as part of its long-haul fleet expansion strategy. The aircraft was delivered on lease and is powered by GEnx-1B engines, manufactured by GE Aerospace.
Donghai Airlines, a Shenzhen-based carrier, has taken delivery of a Boeing 737-800 under a lease agreement, with the aircraft bearing serial number 61270. The aircraft is powered by CFM International CFM56-7BE engines and will support the airline’s expanding network of domestic and regional routes in China.
CDB Aviation, the Ireland-based aircraft leasing arm of China Development Bank, has completed the delivery of three Airbus A320neo aircraft to Volaris, Mexico’s largest low-cost airline. The addition of these next-generation narrowbodies underscores Volaris’ ongoing fleet renewal strategy focused on fuel efficiency and sustainability.
ASL Airlines Australia has announced the leasing of its second Boeing 737-800 Boeing Converted Freighter (BCF), with delivery scheduled for late July 2025. The aircraft, bearing manufacturer serial number 28595, will further support ASL’s expanding cargo operations in the Australasian region.
WestJet, one of Canada’s leading airlines, has taken delivery of a Boeing 737-8, bearing serial number 43297, as part of a lease agreement. The aircraft is powered by CFM International LEAP-1B27 engines, which offer significant improvements in fuel efficiency, noise reduction, and emissions over previous-generation narrowbodies.
Vueling, a leading low-cost carrier based in Spain and part of the International Airlines Group (IAG), has received a leased Airbus A320, identified by serial number 6001. The aircraft is powered by IAE V2527-A5 engines, well-known for their reliability and performance in high-frequency short-haul operations.
Proflight Zambia, the leading regional carrier based in Lusaka, has expanded its fleet with the acquisition of a Bombardier CRJ200, carrying serial number 7884. The aircraft has been leased from Alberta Aviation Capital, a Canadian-based leasing company, and is expected to support Proflight’s short-haul operations across southern Africa.
Nesma Airlines, based in Egypt, has taken delivery of an Airbus A320, bearing manufacturer serial number 5995. The aircraft is leased and comes equipped with CFM56-5B4/3 engines, marking another step in the airline’s expansion and fleet renewal strategy.
Madagascar Airlines has signed lease extension agreements with Abelo, an Ireland-based aircraft leasing company, for two ATR72 turboprops. The agreements cover serial number 698, an ATR72-500, which will now remain in service through January 2028, and serial number 1248, an ATR72-600, which is extended until November 2029.
