SmartLynx Airlines, a Latvia-based ACMI and charter specialist, has entered into a wet lease agreement with Vietnam Airlines, extending its growing presence in the Southeast Asian market. Although the aircraft type and duration of the agreement have not been disclosed, the deal signifies further expansion of SmartLynx’s global leasing footprint.
Mauritania Airlines has commenced operations with an Airbus A321, manufacturer serial number (MSN) 3522, under a wet lease agreement with SmartLynx Airlines, a Latvia-based ACMI and charter provider. This new lease replaces a previously operated Airbus A320, MSN 3880, which was returned to the same lessor.
Air Arabia Abu Dhabi has announced plans to increase its operational capacity by 40% in 2025, seizing the opportunity created by Wizz Air Abu Dhabi’s decision to exit the market. The expansion is part of a broader regional growth strategy aimed at solidifying Air Arabia’s market position in the UAE’s competitive low-cost segment.
Spring Airlines has received approval from the Shanghai Stock Exchange for its planned issuance of a US$278 million public bond, signaling a key step in the airline’s strategy to strengthen its balance sheet and secure additional capital for operational and expansion purposes.
China Southern has taken delivery of a new Airbus A320neo, bearing serial number 12736, as part of its ongoing fleet modernization efforts. The aircraft is powered by CFM International LEAP-1A26 engines, which offer significant performance and efficiency advantages over previous-generation powerplants.
China Express Airlines has expanded its fleet with the delivery of a new Airbus A320neo, identified by serial number 12689. The aircraft is powered by Pratt & Whitney PW1127G-JM geared turbofan engines, a highly efficient propulsion system designed for lower fuel burn and reduced emissions.
Air China made notable adjustments to its fleet during June 2025, adding one Boeing 737 while retiring three Airbus A320 series aircraft. These updates brought the airline’s total active fleet to 934 aircraft by the end of the month, reflecting an ongoing strategy of fleet optimization amid evolving market conditions.
Mikhail Minaev, the former fleet planning director at Aeroflot, is facing criminal charges over an alleged US$48.7 million fraud scheme related to aircraft leasing contracts. The case involves leasing transactions for 28 Airbus A320 and A321 aircraft signed between 2016 and 2018, when Minaev held a senior position in the airline’s fleet acquisition division.
Nesma Airlines, a growing Egyptian carrier, has expanded its fleet with the acquisition of a seventh Airbus A320, identified by manufacturer serial number 5508. The aircraft has been secured on lease and is powered by International Aero Engines (IAE) V2527-A5 turbofan engines.
Global Crossing Airlines Group (GlobalX), a U.S.-based charter and ACMI operator, has completed the acquisition of one Airbus A320, bearing manufacturer serial number 3101, marking its first direct aircraft purchase. In addition, GlobalX has signed definitive lease agreements for four Airbus A319s with serials 2477, 2481, 2492, and 2503, with scheduled deliveries spanning from August to November 2025.
