SMBC Aviation Capital, headquartered in Ireland, has released its fiscal year 2024 results for the period ending 31 March 2025, posting a 22% year-on-year increase in pre-tax profit to $563 million, excluding exceptional items. The lessor also confirmed $2 billion in core lease rental income and $1.41 billion in total recoveries related to Russian insurance settlements.
Transavia France, a low-cost subsidiary of the Air France-KLM Group, has taken delivery of an Airbus A320neo aircraft as part of its fleet renewal and expansion plan. The aircraft carries manufacturer serial number 12555, is leased, and is powered by LEAP-1A24 engines developed by CFM International. This latest addition further strengthens the airline’s strategy to improve fuel efficiency and reduce operating…
StandardAero, a U.S.-based MRO services provider, has expanded its engine service portfolio by introducing lease engine support for both LEAP-1A and LEAP-1B models. The company has already contracted multiple engines and is making them available on short-term lease arrangements to serve the needs of the global LEAP operator community.
SMBC Aviation Capital, based in Ireland, has announced the successful closing of a sustainability-linked secured aircraft financing facility, backed by export credit agency (ECA) support. The transaction was executed with HSBC (UK) acting as Sole Mandated Lead Arranger (MLA), ECA Lender, Sustainability Coordinator, and Agent. The financing was further supported by Bpifrance Assurance Export (France) and will be used to finance A320neo…
Condor, the German leisure carrier, has expanded its fleet with the delivery of an Airbus A320neo, MSN 12580, equipped with Pratt & Whitney PW1127G-JM engines. This latest-generation narrowbody aircraft is expected to support the airline’s ongoing renewal of its short- and medium-haul fleet, focusing on sustainability and operating cost efficiency.
Drukair, the national airline of Bhutan, has officially signed a Letter of Intent (LOI) with SMBC Aviation Capital, a leading aircraft leasing firm based in Ireland, to lease a brand new Airbus A320neo. This agreement signals Drukair’s ongoing commitment to fleet renewal and network modernization.
Cebu Pacific, the leading low-cost carrier in the Philippines, reported a steep decline in profitability for the first quarter of 2025, despite strong revenue growth. The airline’s net profit plunged by 79.2% year-over-year, dropping to $8.4 million, even as total revenue rose by 20.2% to $549 million.
LATAM Brasil has expanded its narrowbody fleet with the addition of a new A320neo, serial number 12576, powered by PW1127G-JM engines. This latest delivery is part of LATAM Group’s broader modernization strategy, aiming to replace older aircraft with newer, more fuel-efficient models across its subsidiaries.
flynas, the Saudi Arabian low-cost carrier, has expanded its modern narrowbody fleet with the delivery of one Airbus A320neo, identified by serial number 12614 and powered by LEAP-1A26 engines. This latest addition reinforces flynas’ ongoing commitment to operate a young and fuel-efficient fleet optimized for regional and international connectivity.
LATAM Brasil, a leading carrier in South America, has expanded its narrowbody fleet with the delivery of an Airbus A320neo, serial number 8702, acquired on lease and powered by Pratt & Whitney PW1127G-JM engines. This aircraft supports the airline’s goal of maintaining efficient and sustainable operations on its domestic and short-haul regional routes.
