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.
Aegean Airlines has confirmed it will take delivery of two Airbus A321XLR aircraft, with arrivals scheduled for December 2025 and January 2026, respectively. This marks a significant step forward in the airline’s long-haul narrowbody strategy, expanding its operational range and allowing for potential new route opportunities to destinations not previously served nonstop from Greece.
Magnetic Leasing, based in Estonia, has finalized the sale of an Airbus A321, bearing serial number 1734, to GA Telesis, a U.S.-based aviation aftermarket specialist. The aircraft has since been disassembled for used serviceable material (USM) inventory, supporting GA Telesis’s global component distribution network.
Freedom Airline, based in Kenya, has entered into a 12-month wet lease agreement with Sky Vision Airlines of Egypt for the operation of a freighter-configured Airbus A321F, bearing serial number 1707. This strategic move enhances Freedom Airline’s cargo service capabilities amid rising demand for regional and intra-African freight transport.
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.
Vietravel Airlines, a Vietnamese hybrid carrier, has expanded its narrowbody fleet with the delivery of an Airbus A321, bearing serial number 6672. The aircraft is powered by V2533-A5 engines, manufactured by IAE (International Aero Engines), supporting the airline’s plans for regional growth and increased route frequency.
Avolon, one of the world’s leading aircraft lessors based in Ireland, has released its operational results for the second quarter of 2025, highlighting dynamic portfolio activity and a growing footprint. During the quarter, Avolon acquired 15 aircraft, sold 20 aircraft, and placed 26 aircraft from its orderbook, showcasing its active asset management strategy and strong demand for its fleet offerings.
VietJet Air, a prominent Vietnamese low-cost carrier, has lost a legal battle in a London court and is now liable to pay $181 million to FW Aviation (UK) for breaching aircraft lease agreements involving Airbus A321 aircraft. The court ruled that the termination notices served by FW Aviation were valid and enforceable, ending VietJet’s challenge.
Vietnam Airlines has outlined an ambitious fleet restructuring plan that includes the retirement of 12 aircraft in 2025, as well as the acquisition of 50 Boeing 737-8 aircraft, with deliveries scheduled from 2030 to 2035. The airline is also actively pursuing additional widebody aircraft for delivery before 2030, as it aims to expand and modernize its fleet to meet long-term demand.
Air Senegal is facing legal and operational complications following the freezing of $3.1 million of its funds by IATA, enforced under a court order stemming from a leasing dispute with Carlyle Aviation Partners, an Ireland-based aircraft lessor. The issue revolves around the return of four aircraft—two Airbus A319s and two A321s—to the lessor.
