SMBC Aero Engine Lease has successfully delivered one LEAP-1B engine to StandardAero on a long-term lease agreement finalized in May 2025, marking the first transaction between the two companies. This deal underscores the growing demand for modern, fuel-efficient engines and the increasing importance of engine leasing in the aviation aftermarket.
Magnetic Leasing, based in Estonia, has finalized the sale of an Airbus A321, bearing serial number 1734, to GA Telesis, a U.S.-based aviation aftermarket specialist. The aircraft has since been disassembled for used serviceable material (USM) inventory, supporting GA Telesis’s global component distribution network.
Aircastle, a global aircraft leasing company based in Ireland, has announced the successful pricing of US$650 million aggregate principal amount of 5.000% Senior Notes due 2030. The notes were priced at 99.306% of par, resulting in a yield that reflects current market demand for aviation-linked fixed-income products.
Air Belgium has announced plans to phase out its two A330-200F aircraft by the end of August 2025, marking a significant change in the airline’s cargo operations. These aircraft have been operating under a lease agreement with Altavair AirFinance, a U.S.-based lessor specializing in commercial aircraft financing and leasing solutions.
GA Telesis Engine Services (GATES SPAH), the U.S.-based MRO division of GA Telesis, has officially received its first LEAP engine at its cutting-edge maintenance facility in Wilmington, Ohio, marking a major milestone in the company’s readiness to service the new-generation propulsion systems now powering the global narrowbody fleet.
BOC Aviation, a leading global aircraft operating lessor headquartered in Singapore, has reported completing 75 total transactions in the second quarter of 2025. This includes a mix of aircraft purchases, deliveries, sales, and lease agreements, highlighting the company’s active market engagement and continued portfolio expansion.
Aircastle has announced its financial results for the fiscal first quarter of 2025, revealing a total revenue of $260 million. The company achieved a net income of $49 million, demonstrating continued profitability in its aircraft leasing operations despite ongoing global macroeconomic challenges.
LuminArx Capital Management, a U.S.-based investment firm focused on aviation assets, has revealed its intention to expand its aircraft portfolio from 16 to 50 aircraft in the near term. The firm is also preparing to enter the pre-delivery payment (PDP) financing space, along with establishing lending vehicles for other lessors, signaling a more comprehensive strategy in aircraft finance.
Graysky Aviation Capital, a U.S.-based aircraft lessor, has expanded its portfolio through the acquisition of eight Boeing 737-800 aircraft formerly operated by WestJet of Canada. The deal was executed in cooperation with LuminArx Capital Management, a U.S.-based investment firm.
GA Telesis, a U.S.-based aviation services and asset management firm, has announced the planned disassembly of four Boeing 767-300 aircraft during the course of 2025. This initiative is part of the company’s strategic efforts to expand its used serviceable material (USM) inventory, a growing market segment amid rising MRO demands.
