BOC Aviation, a leading aircraft leasing company headquartered in Singapore, has entered into an agreement with Airbus for the purchase of nine new aircraft: six A320neo and three A321neo. All nine aircraft will be leased to Gulf Air, the national carrier of Bahrain, under long-term lease agreements.
Azorra, a U.S.-based aircraft leasing firm, has announced the execution of definitive purchase agreements to acquire a substantial portfolio of 49 Embraer E-Jets and two GE CF34 engines from Dubai Aerospace Enterprise (DAE). The aircraft and engines are leased to 12 different airline customers worldwide, highlighting the deal’s geographic and operational diversity.
Avolon, a prominent aircraft leasing firm based in Ireland, has completed the delivery of the first Airbus A320neo to Royal Jordanian, marking the start of an eight-aircraft lease agreement. The aircraft delivered carries serial number 12304, and its arrival signals the beginning of a phased fleet renewal effort for the Jordanian flag carrier.
Ascend Airways, a UK-based carrier, has taken delivery of a Boeing 737-8, bearing serial number 43001, marking a new addition to its narrowbody fleet. The aircraft has been acquired on lease and is powered by LEAP-1B27 engines, which are part of the advanced CFM International LEAP family.
Investec Aviation, a UK-based aviation finance specialist, has successfully completed a senior debt facility on behalf of Barings, a global investment management firm headquartered in the United States. The financing is tied to a portfolio of 12 end-of-life narrowbody aircraft, all of which are leased to multiple airline operators worldwide.
Avolon Holdings, a leading Irish aircraft leasing company, has had its credit outlook revised from stable to positive by S&P Global Ratings. The change applies to both the company’s issuer credit rating and its senior unsecured debt rating, which remain at BBB- but now carry a more optimistic future projection.
AirAsia X reported a net profit of $11.8 million for the first quarter of 2025, supported by a modest 3% increase in revenue to $222.3 million. The Malaysia-based long-haul low-cost carrier continues its post-pandemic recovery and has made key progress toward restoring full operations.
CDB Aviation Lease Finance, through its CDBL FUNDING 1 subsidiary, has successfully completed a dual-tranche offering of senior unsecured notes totaling $700 million. The transaction, finalized on 20 May 2025, is part of the company’s broader $3.0 billion Medium-Term Note (MTN) Program, which enables it to flexibly access capital markets and support ongoing fleet growth and lease portfolio expansion.
CDB Aviation, through its wholly owned Irish subsidiary CDBL FUNDING 1, has successfully priced a $700 million dual-tranche offering of senior unsecured notes under its $3.0 billion Medium Term Note (MTN) Program. The issuance, completed on May 20, 2025, marks CDB Aviation’s return to the international bond market after a four-year absence and supports its long-term funding diversification strategy.
Nok Air, a Thai low-cost carrier, is preparing to raise $221 million in new capital as part of its recovery strategy aimed at exiting its rehabilitation plan within the next three years. The capital increase will serve multiple operational and strategic needs, including purchasing engines, repairing existing aircraft, leasing new aircraft, enhancing passenger services, and funding working capital.
