Avolon, a leading aircraft leasing company based in Ireland, has announced its operational and financial highlights for the fourth quarter of 2024, showcasing significant growth and strategic progress. During the quarter, Avolon acquired 12 aircraft and transitioned five aircraft to 10 customers. The company also finalized 17 sale and leaseback agreements, sold 29 aircraft, and signed Letters of Intent (LOIs) for the sale of an…
Azorra, a US-based aircraft leasing and finance company, has announced the appointment of Damon D’Agostino as its Chief Business Officer (CBO). This newly created role underscores Azorra’s focus on expanding its business operations and driving strategic growth initiatives.
ABL Aviation, a global independent aircraft investment management firm headquartered in Ireland, has appointed Stephen Orr as its new Senior Vice President (SVP) for Africa. Based in Casablanca, Orr will play a pivotal role in expanding ABL Aviation’s presence across the African aviation market.
Southwest Airlines, a leading US carrier, has finalized a sale-leaseback agreement with BBAM, covering 36 Boeing 737-800 aircraft. The deal has already generated $871 million from the sale of the first 35 aircraft, with lease terms ranging from 26 to 37 months.
AerCap Ireland and AerCap Global Aviation Trust, leading entities in the aircraft leasing sector, have announced the successful pricing of a $1.5 billion senior notes offering. The offering comprises $750 million in 4.875% Senior Notesdue in 2028 and an additional $750 million in 5.375% Senior Notes due in 2031.
Dubai Aerospace Enterprise (DAE), a leading global aircraft leasing company based in the UAE, has announced the signing of a definitive agreement to acquire 100% of Nordic Aviation Capital (NAC), an Ireland-based lessor specializing in regional aircraft. This acquisition marks a significant expansion of DAE’s portfolio and strengthens its position in the global aviation leasing market.
Garuda Indonesia has announced its preparations for the 2025 Hajj season, deploying a total of 14 aircraft to serve pilgrims. Of these, eight aircraft will be sourced from within the Garuda Indonesia Group’s fleet, while six additional aircraft will be brought in under leasing arrangements.
Cambodia Airways is actively expanding its fleet as part of its growth strategy by seeking Airbus A320 aircraft for inclusion. The airline plans to acquire these aircraft through dry leasing agreements, allowing it to scale operations efficiently while maintaining flexibility in its fleet composition.
FTAI Aviation, based in the Cayman Islands, has announced the launch of its Strategic Capital initiative, a groundbreaking collaboration with third-party institutional investors. This initiative is poised to leverage substantial market opportunities in the B737NG and A320ceo segments, with an annual deployment target exceeding $3 billion in capital.
CALC (Hong Kong) has taken another significant step in its strategic expansion, with its Special Purpose Vehicles (SPVs) entering into Aircraft Sale and Purchase Agreements with a subsidiary of Aircraft Recycling International(Cayman Islands). The agreements cover the acquisition of two A320 aircraft, with the transactions expected to be finalized by the end of December 2024.
