Dubai Aerospace Enterprise (DAE), a leading aircraft lessor based in the United Arab Emirates, has posted strong financial results for the first quarter of 2025. The company reported total revenue of US$395.9 million and profit before tax of US$101.2 million, reflecting solid performance across its leasing portfolio and asset management operations.
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Sono Group (South Korea) is fast-tracking its efforts to gain management control of T’way Air, positioning itself as the carrier’s largest shareholder. The move aligns with Sono Group’s broader strategy to establish a resort-linked airline, with a potential inclusion of Air Premia into its portfolio.
Norwegian Air Shuttle (US) has announced the extension of its partnership with Lufthansa Technik (Germany) for an additional five years. The renewed agreement, effective 01 August 2025, will cover maintenance services for more than 80 Boeing B737NG and B737MAX aircraft at Lufthansa Technik’s Budapest facility.
Airbus is facing significant supply chain challenges, leading to a delay of up to one year for the A350F freighter program. Additionally, the manufacturer is encountering hurdles in increasing A350 production in the coming months due to component shortages and logistical constraints.
Volotea has reaffirmed its long-term goal of going public, with CEO Carlos Muñoz stating that the company is now “IPO-ready” but is not in a rush to proceed.
Avolon, one of the world’s largest aircraft leasing companies based in Ireland, has reported a highly active first quarter of 2025, marked by robust acquisition, sales, and placement activity. The company acquired 115 aircraft, sold 34 aircraft, and ended the quarter with 66 aircraft agreed for sale, underscoring the strength of demand and fleet turnover in the leasing market.
Air Peace, Nigeria’s largest airline, has bolstered its fleet by wet-leasing an Airbus A320, serial number 2975, from SmartLynx Airlines. This strategic move replaces a departing A320, ensuring seamless operations across its domestic and regional networks.
