SMBC Aviation Capital, one of the world’s largest aircraft leasing companies, has finalized lease agreements with AJet, a Turkish airline, for five Airbus A320neo aircraft. This transaction represents a notable expansion in AJet’s narrowbody operations as it continues to scale up across domestic and regional routes.
Crestone, a U.S.-based aviation leasing company, has expanded its fleet portfolio with the purchase of three narrowbody aircraft. The acquisition includes two Airbus A319s currently leased to American Airlines and one Airbus A320 on lease to TAP Portugal.
AerCap Holdings, one of the world’s largest aircraft leasing companies based in Ireland, has released its operational update for the second quarter of 2025, highlighting extensive transactional activity across its portfolio. The company reported 71 lease agreements, reinforcing its dominant market position amid strong global aircraft demand.
Avation, a Singapore-based aircraft lessor, has finalized a six-year lease agreement with PNG Air of Papua New Guinea for one ATR72-600 regional turboprop. The aircraft is currently under lease to Mandarin Airlines in Taiwan and is scheduled to transition to PNG Air during the fourth quarter of 2025.
Air Lease Corporation (ALC) and several of its subsidiaries have successfully entered into settlement agreements with unnamed insurance providers, resulting in a total recovery of $112.4 million in cash proceeds. The settlements bring closure to a protracted claims process that had been ongoing, likely related to aircraft detained or affected by geopolitical or operational incidents.
Clover Aviation Capital, a Hong Kong-based aircraft lessor, has announced the re-appointment of Jason Bo Yao as an Independent Non-Executive Director to its board of directors, effective 1 July 2025. The decision reflects the company’s commitment to board continuity and governance strength amid evolving market conditions.
Aviation Capital Group (ACG) has announced the appointment of Cronan Enright to the newly created position of Head of Strategy. This appointment underscores ACG’s commitment to enhancing its long-term strategic vision as it navigates a rapidly evolving global aviation market.
World Star Aviation (UK) has arranged and structured the acquisition of four Airbus A319 aircraft, all currently leased to easyJet (UK), in a transaction that also marks the first deployment of Xiamen Aircraft Leasing’s (XMAL)newly established Irish platform, called Renew Star.
Transpordi Varahaldus (TVH), the Estonian government-owned aircraft lessor, has signed an agreement to sell seven Bombardier CRJ900NG aircraft to EIC Aircraft Leasing, a subsidiary of Regional One (US). The transaction, valued at US$37.5 million, represents a significant portfolio reshaping for the state-owned entity.
Jet2, a major UK-based leisure airline, has taken delivery of an Airbus A330-200 aircraft under a wet lease agreementfrom Hi Fly Malta. The aircraft, carrying serial number 700, is powered by CF6-80E1A4 engines developed by GE Aviation.
