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.
Aleutian Airways, a regional carrier based in the United States, has taken delivery of its first ATR42-600, marking a key milestone in its fleet development strategy. The aircraft, bearing manufacturer serial number 1405, is being introduced under a lease agreement with Azorra Aircraft Leasing, a U.S.-based lessor with a strong presence in the regional aircraft leasing space.
AirExplore, a Slovakian ACMI and cargo operator, has announced the sublease of one Boeing 737-800F freighter to ASL Airlines Belgium. The move marks another step in the regional redistribution of freighter capacity across Europe as cargo operators continue to optimize their fleets for evolving demand patterns.
Airbus delivered around 60 commercial aircraft in June 2025, a figure that puts the European aerospace giant behind the pace necessary to meet its annual delivery goal of 820 aircraft for the year. This monthly output, though substantial, reflects the ongoing pressure the company faces from supply chain constraints and production bottlenecks that have persisted industry-wide since the COVID-19 pandemic and…
Fitch Ratings has upgraded its Outlook on Boeing’s Long-Term Issuer Default Rating (IDR) to Stable, reversing its previous Negative stance. The agency has simultaneously affirmed Boeing’s Long-Term IDR at ‘BBB-’, maintaining its investment-grade status. This change reflects increased confidence in Boeing’s medium-term financial stability and operational recovery following several years of setbacks tied to production delays, safety scrutiny, and supply chain challenges.
Boeing has announced a leadership transition in its finance division with the appointment of Jesus Malave as Executive Vice President and Chief Financial Officer (CFO), effective 15 August 2025. He will succeed Brian West, who will take on a new role as Senior Advisor to Boeing President and CEO Kelly Ortberg.
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.
Turkish Airlines has added another aircraft to its expanding fleet with the delivery of an Airbus A320, bearing serial number 5605. The aircraft has been leased and is powered by V2527-A5 engines, a member of the IAE V2500 engine family, well-known for its efficiency and reliability on short- and medium-haul routes.
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.
Singapore Airlines continues its narrowbody fleet modernization with the delivery of a Boeing 737-8, bearing serial number 44266, and equipped with LEAP-1B27 engines from CFM International. This aircraft joins the airline’s growing 737 MAX fleet, supporting regional growth and operational efficiency.
