BOC Aviation (Singapore) has expanded the responsibilities of Paul Kent, its Chief Commercial Officer (CCO), to include oversight of the company’s global airline leasing and sales teams. This expansion consolidates the leasing and sales functions in the Asia-Pacific and Middle East regions under his leadership, integrating them with his existing responsibilities.
Porter Aircraft Leasing (Canada) has entered into sale and leaseback financing agreements with Avolon (Ireland)for four PW1921G engines. These engines are slated for delivery in 2025 and 2026 and will support Porter’s ongoing acquisition of E195-E2 aircraft.
Novoair (Bangladesh) continues its efforts to lease three A320 aircraft as part of its expansion strategy. However, the airline anticipates that the process may take up to another year due to the ongoing global shortage of available aircraft.
Freebird Airlines (Turkiye) has announced plans to operate several aircraft under a wet lease agreement with VietJet Air (Vietnam) in the coming months. This partnership highlights the growing collaboration between the two carriers and supports VietJet Air’s operational needs during peak travel periods.
Aergo Capital (Ireland) has expanded its portfolio with the acquisition of an A320 family aircraft, bearing serial number 5660, from Deucalion Aviation (UK). The purchase was made on behalf of a managed client, with the aircraft currently on lease to Wizz Air (Hungary).
Mexicana has been directed by the Instituto Nacional de Transparencia, Acceso a la Información y Protección de Datos Personales (INAI), Mexico’s data compliance regulator, to disclose contracts related to the leasing of aircraft. This includes agreements signed with Petrus Aero Holdings (US) and any other involved companies.
Deucalion Aviation (UK) has announced key appointments to lead its newly established New York office, signaling its commitment to expanding operations in the United States. The company has appointed David Sims as Senior Vice President (SVP) and Jack Conroy as Associate, both of whom bring extensive experience and expertise to their roles.
Avolon (Ireland) CEO Andy Cronin has highlighted a persistent production shortfall by aircraft manufacturers as a key factor shaping the aviation industry. Cronin asserts that this imbalance in supply and demand will continue to drive robust profits for airlines and lessors for at least the next decade.
Vietnam Airlines has announced plans to wet lease three additional A320 aircraft to meet the surge in passenger demand during the 2025 Lunar New Year period, which runs from 13 January to 12 February 2025. This strategic move ensures the airline can maintain seamless operations and provide sufficient capacity for travelers during one of the busiest times of the year.
Crestone Air Partners currently has one A321-200 undergoing freighter conversion, as part of its strategic efforts to expand its cargo offerings. Additionally, the company has an A321F airframe available for immediate sale or lease, located in Marana, Arizona.
