Drukair, the national airline of Bhutan, has officially signed a Letter of Intent (LOI) with SMBC Aviation Capital, a leading aircraft leasing firm based in Ireland, to lease a brand new Airbus A320neo. This agreement signals Drukair’s ongoing commitment to fleet renewal and network modernization.
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.
BBN Airlines Turkiye is set to become the launch operator of the prototype B777-300ERMF freighter, following its conversion and certification by Mammoth Freighters in the United States. The aircraft, bearing serial number 35299, will be delivered on lease from AviaAM Leasing, a Lithuania-based leasing company.
Phoenix Aviation Capital, based in Ireland, and AIP Capital, a U.S.-based investment platform, have jointly announced the acquisition of a Boeing 787-8 Dreamliner, serial number 35942, which has been placed on long-term lease with LOT Polish Airlines. The transaction underscores continued confidence in widebody leasing and in LOT’s long-haul strategy.
AerSale has reported a net loss of $5.3 million for the first quarter of 2025, on total revenue of $65.8 million, according to its latest financial disclosure. While the company recorded modest income from asset sales, including the transaction of a single engine during the period, the quarter was marked by significant investments in its future inventory and operations.
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.
Willis Lease Finance Corporation (NASDAQ: WLFC), a leading lessor of commercial aircraft engines and global aviation services provider, announced its financial results for the first quarter ended March 31, 2025. The company reported record quarterly revenue of $157.7 million, marking a 32.5% increase compared to the same period in 2024. Pre-tax income for the quarter was $25.3…
Avation, a Singapore-based aircraft leasing company, has executed a repurchase of $3.5 million face value in Senior PIK Toggle Notes due in 2026. These notes were issued as part of the company’s global Medium Term Note (MTN) program, aimed at raising flexible financing from capital markets.
Air Lease has announced impressive financial results for the first quarter of 2025, with total revenues rising 11.3% to reach $738.3 million, reflecting strong demand for leased aircraft amid a recovering global aviation market. More notably, net income increased 274.5%, climbing to $364.8 million, signaling robust profitability driven by a growing fleet and favorable lease terms.
