SMBC Aviation Capital Reports $563M Profit, $1.41B Recovered

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.

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Addleshaw Goddard Appoints Barbara Pansadoro To Lead Aviation Finance

Addleshaw Goddard, a prominent UK-based law firm, has appointed Barbara Pansadoro as a Partner in its Finance & Projects group. Pansadoro will lead and expand the firm’s aviation finance offering, leveraging her extensive experience in structured finance and cross-border transactions.

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Avolon Launches $800M Debt Tender Offer

Avolon, the Dublin-based aircraft leasing company, has initiated a debt tender offer for several series of its outstanding notes. The offer, which commenced on 19 May 2025, seeks to repurchase up to $800 million in aggregate principal amount of these notes. The strategic move is aimed at optimizing the company’s capital structure and reducing outstanding debt obligations under favorable market…

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AIP Capital Targets B737 MAX Buy Via $321M Fund

AIP Capital, a U.S.-based aviation investment and asset management firm, is preparing for a substantial acquisition of Boeing 737 MAX aircraft, leveraging its $321 million pre-delivery payment (PDP) financing fund. This move forms part of AIP’s broader strategy to expand its aircraft portfolio and deepen its footprint in the global leasing space.

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Willis Lease Appoints Z. Clifton Dameron As General Counsel

Willis Lease Finance Corporation, a U.S.-based leader in aviation leasing and asset management, has announced the appointment of Z. Clifton Dameron as Senior Vice President, General Counsel, and Corporate Secretary, effective immediately. Dameron succeeds Dean Poulakidas, who has stepped down from the role to pursue other opportunities.

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Deucalion Aviation Delivers Second A321 To Turkish Airlines

Deucalion Aviation, a UK-based aircraft asset manager and lessor, has announced the successful delivery of a second Airbus A321 aircraft to Turkish Airlines under a long-term operating lease agreement. The aircraft, manufactured in 2014, is powered by IAE V2527-A5 engines and joins Turkish Airlines’ growing narrowbody fleet as part of its network expansion strategy.

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AviLease Places First Direct Order With Boeing

AviLease, the Saudi Arabian aircraft leasing company, has announced its first direct order with Boeing, marking a significant milestone in its growth strategy. The deal includes a firm commitment for 20 Boeing B737-8 aircraft, along with options for an additional 10 units. This order signals AviLease’s long-term confidence in the demand for narrowbody jets and its ambition to…

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Avolon Credit Ratings Upgraded By Fitch And Moody’s

Avolon, the Dublin-based aircraft lessor, has received credit rating upgrades from two leading international agencies, signaling enhanced confidence in the company’s financial strength and operational resilience. Fitch Ratings has raised Avolon’s long-term issuer default rating from BBB- to BBB, while Moody’s Investors Service upgraded its senior unsecured debt rating from Baa3 to Baa2. Both agencies assigned a stable outlook to the updated ratings.

AE Industrial Partners Closes $418M Aerospace Fund II

AE Industrial Partners has announced the successful closing of its second aerospace leasing fund, AE Industrial Partners Aerospace Leasing Fund II, with total capital commitments reaching $418 million. This figure exceeded initial expectations, marking the fund as oversubscribed, and indicating strong investor interest in aviation-related assets despite ongoing volatility in global financial markets.