Avolon, a prominent aircraft leasing firm based in Ireland, has completed the delivery of the first Airbus A320neo to Royal Jordanian, marking the start of an eight-aircraft lease agreement. The aircraft delivered carries serial number 12304, and its arrival signals the beginning of a phased fleet renewal effort for the Jordanian flag carrier.
Air Niugini has announced that its first Airbus A220 has entered final assembly at Mirabel, Canada, with delivery scheduled for September 2025. This aircraft is the first of 11 A220s—in both -100 and -300 variants—that the airline plans to introduce as part of its ambitious fleet renewal strategy.
AirAsia X reported a net profit of $11.8 million for the first quarter of 2025, supported by a modest 3% increase in revenue to $222.3 million. The Malaysia-based long-haul low-cost carrier continues its post-pandemic recovery and has made key progress toward restoring full operations.
GE Aerospace is projecting a significant increase in narrowbody engine deliveries for 2025, anticipating a growth rate of 15% to 20% year-on-year. CEO Larry Culp announced that the company is seeing tangible improvements in its supply chain, which have been a persistent bottleneck in recent years.
Airbus has informed its airline customers that aircraft delivery delays are likely to persist for at least another three years, with the situation expected to normalize only by 2028. The continued delays are primarily attributed to persistent supply chain disruptions, particularly involving aircraft engines and critical structural components.
CDB Aviation, a global aircraft leasing company headquartered in Ireland, has completed a delivery of one Airbus A321neo to Aegean Airlines, marking a continuation of its support for the Greek flag carrier’s fleet modernization. The aircraft was transferred directly from CDB Aviation’s orderbook, underscoring the lessor’s long-term investment in new-generation aircraft.
Aviation Capital Group (ACG) has successfully delivered another Airbus A321neo to Wizz Air, marking the third aircraft provided under a multi-aircraft sale and leaseback agreement. The delivery reflects ongoing fleet expansion by Wizz Air and highlights the role of strategic leasing partnerships in enabling ultra-low-cost carriers to scale capacity efficiently.
Air Niugini, the national carrier of Papua New Guinea, has expanded its regional fleet modernization strategy by signing a firm order for two additional Airbus A220-100 aircraft. This move underscores the airline’s ongoing commitment to replacing older, less efficient models with new-generation regional jets that offer improved fuel economy, passenger comfort, and operational versatility.
Aegean Airlines, the flag carrier of Greece, has announced its financial results for the first quarter of 2025, showing a 14% increase in revenue year-over-year to $347 million. The growth reflects stronger demand and capacity expansion in the post-pandemic recovery period, especially during the early spring season. However, the airline posted an after-tax loss of $7.4 million, largely attributed to seasonal…
Cebu Pacific of the Philippines and flyadeal of Saudi Arabia have signed a Memorandum of Understanding (MoU)aimed at exploring strategic joint commercial initiatives between the two low-cost carriers. The agreement outlines the mutual intention to collaborate in optimizing aircraft utilization and expanding seasonal capacity through wet lease arrangements involving their Airbus A320 fleets.
