JP Lease Products & Services (Japan), in collaboration with JLPS Ireland, has finalized the acquisition of a new Airbus A350-900 through a sale and leaseback (SLB) transaction with Air France. The deal was financed with debt provided by the Commonwealth Bank of Australia, Tokyo Branch, reinforcing investor interest in high-spec widebody assets.
Garuda Indonesia has expanded its next-generation fleet with the delivery of a leased Boeing B737-8, bearing serial number 63386, and powered by LEAP-1B27 engines. The addition supports Garuda’s ongoing fleet modernization program aimed at improving efficiency, reducing emissions, and boosting profitability across its domestic and regional network.
Finnair, the flag carrier of Finland, will continue operating two Airbus A330 aircraft on a wet lease basis for Qantasuntil the end of the winter 2026 season, after which the leases will transition to dry lease arrangements. This decision comes as part of a mutually beneficial partnership between the two airlines, supporting Qantas’s long-haul operations amid evolving fleet requirements.
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd., has executed lease agreements with Zhejiang Loong Airlines Co., Ltd. (Loong Air) for six Airbus A321neo aircraft, with deliveries scheduled for 2027. The transaction reflects the two companies’ longstanding strategic relationship, spanning over a decade, and reinforces their mutual commitment to supporting China’s aviation development.
SmartLynx Airlines, a Latvia-based ACMI and charter specialist, has entered into a wet lease agreement with Vietnam Airlines, extending its growing presence in the Southeast Asian market. Although the aircraft type and duration of the agreement have not been disclosed, the deal signifies further expansion of SmartLynx’s global leasing footprint.
ACIA Aero Leasing, based in Ireland, reported a robust performance for the first half of 2025, marking significant growth in customer base and transaction volume. The lessor added five new customers, completed four aircraft and engine acquisitions, signed four new lease agreements, and executed the sale of eight aircraft. In addition, two new lending partners joined the company’s financing network, highlighting a…
Porter Airlines of Canada has finalized a sale-and-leaseback agreement for four Embraer E195-E2 aircraft scheduled for delivery in 2025. The financing arrangement is led by Fortress Investment Group (US) and GOAL Aircraft Leasing (Germany), with GOAL also acting as the lessor manager for the aircraft. Ashland Place Finance (US) is providing the associated debt financing.
Mikhail Minaev, the former fleet planning director at Aeroflot, is facing criminal charges over an alleged US$48.7 million fraud scheme related to aircraft leasing contracts. The case involves leasing transactions for 28 Airbus A320 and A321 aircraft signed between 2016 and 2018, when Minaev held a senior position in the airline’s fleet acquisition division.
WestJet, one of Canada’s leading airlines, has formally issued a request for proposals (RFP) for the operating lease and pre-delivery payment (PDP) financing of 46 Boeing 737 MAX aircraft. The RFP reflects WestJet’s aggressive forward-looking fleet expansion and renewal strategy as it seeks to modernize its narrowbody aircraft offering.
Aircastle, a global aircraft leasing company based in Ireland, has announced the successful pricing of US$650 million aggregate principal amount of 5.000% Senior Notes due 2030. The notes were priced at 99.306% of par, resulting in a yield that reflects current market demand for aviation-linked fixed-income products.
