Phoenix Aviation Capital (Ireland) and AIP Capital (US) have jointly announced the acquisition of a Boeing 787-9, identified by serial number 40646. The aircraft is on a long-term lease with American Airlines (US) and was purchased from ORIX Aviation (Ireland).
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Eastar Jet, a prominent low-cost airline based in South Korea, has successfully secured a $21 million investmentfrom SG Private Equity, a private equity firm headquartered in Seoul. This strategic infusion of capital is aimed at bolstering Eastar Jet’s efforts to expand its fleet and strengthen its operational capabilities.
Jeju Air, South Korea’s leading low-cost carrier, has bolstered its fleet by acquiring a new Boeing 737-8 aircraft. This addition brings the airline’s total fleet size to 41 aircraft, including three B737-8 units received since 2023.
Dubai Aerospace Enterprise (DAE), based in the United Arab Emirates, has announced a definitive agreement with K2 Aviation of Ireland to sell seven aircraft from its portfolio. These aircraft, consisting of both Airbus and Boeingmodels, are currently on lease to six different airline customers.
Ibom Air, Nigeria’s rapidly growing airline, has announced a significant leadership transition. George Uriesi, previously serving as the airline’s Chief Operating Officer (COO), has been appointed as the Acting Managing Director and Chief Executive Officer (CEO). At the same time, Mfon Udom, the airline’s founding CEO, has taken on the role of Non-Executive Chairman.
CDB Aviation, through its wholly owned Irish subsidiary CDBL FUNDING 1, has successfully priced a $700 million dual-tranche offering of senior unsecured notes under its $3.0 billion Medium Term Note (MTN) Program. The issuance, completed on May 20, 2025, marks CDB Aviation’s return to the international bond market after a four-year absence and supports its long-term funding diversification strategy.
Qatar Airways Suspends Operations Due To Airspace Closure as the airline confirms a temporary halt to flight operations following the closure of Qatari airspace. Services will resume only after clearance from the Qatar Civil Aviation Authority, which will determine when it is safe to reopen the country’s airspace.
