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ACG Delivers Sixth A321neo To Wizz Air

Aviation Capital Group (ACG), a leading U.S.-based aircraft lessor, has announced the delivery of one Airbus A321neo to Wizz Air, the Hungarian ultra-low-cost carrier. This aircraft is the sixth unit delivered to Wizz under a multi-aircraft sale/leaseback agreement, further cementing the relationship between the two companies.

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Avation To Sell B777-300ER Leased To Philippine Airlines

Avation, a Singapore-based aircraft leasing company, has entered into an agreement to sell a Boeing 777-300ER that is currently on lease to Philippine Airlines. The transaction is expected to be completed in the third quarter of 2025, representing a significant divestment from its widebody portfolio.

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Phoenix Aviation Secures $300M Credit Facility

Phoenix Aviation Capital, an Ireland-based aircraft leasing and finance company, has successfully closed a $300 million senior secured credit facility, reinforcing its financial capacity to support existing and future aviation asset transactions. The deal marks a strategic milestone as the company continues to expand its presence in the global aircraft leasing market.

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AerCap Awarded Over $1B In Insurance Ruling

AerCap, the world’s largest aircraft lessor, has been awarded over $1 billion by a UK High Court ruling, which found that insurers are obligated to cover losses related to aircraft stranded in Russia. The case stemmed from the aftermath of sanctions and countermeasures that left hundreds of leased aircraft unable to be repossessed by Western lessors following the invasion of…