Volaris, Mexico’s leading low-cost airline, has taken delivery of a new Airbus A320neo, further advancing its ongoing fleet modernization program. The aircraft, serial number 12628, is powered by PW1127G-JM engines and has been delivered on lease from Jackson Square Aviation, a global aircraft leasing company based in the United States.
BeauTech, a U.S.-based aviation asset manager and leasing company, is actively evaluating financing opportunities, with particular interest in accessing the aviation asset-backed securities (ABS) market. The initiative reflects the company’s preparation for larger-scale transactions projected for the second half of 2025, which are expected to exceed the size and scope of its prior deals.
BOC Aviation, a leading global aircraft operating lessor headquartered in Singapore, has reported completing 75 total transactions in the second quarter of 2025. This includes a mix of aircraft purchases, deliveries, sales, and lease agreements, highlighting the company’s active market engagement and continued portfolio expansion.
Aircastle has announced its financial results for the fiscal first quarter of 2025, revealing a total revenue of $260 million. The company achieved a net income of $49 million, demonstrating continued profitability in its aircraft leasing operations despite ongoing global macroeconomic challenges.
WestJet, Canada’s second-largest carrier, has received a Boeing 737-800, serial number 41353, on lease, further expanding its narrowbody fleet. The aircraft is powered by CFM56-7BE engines, produced by CFM International, and is expected to support domestic and transborder operations.
United Nigeria Airlines, a fast-growing Nigerian carrier, is in the process of acquiring six Boeing 737-800 aircraft to support its strategic expansion across domestic and regional markets. The move signals the airline’s intent to significantly scale its capacity and route offerings in West and Central Africa.
Total Linhas Aéreas, a Brazilian cargo operator, is offering one Boeing 737-400F for lease under an ACMI (Aircraft, Crew, Maintenance, and Insurance) arrangement, with a minimum lease term of three months. The offer targets customers seeking short-term cargo lift solutions, particularly in Latin America and potentially other underserved regional markets.
Pattaya Airways, a Thailand-based regional cargo carrier, is preparing to induct its third aircraft, an ATR72-500F, into its fleet under a dry lease agreement during Q2 2026. The airline is also actively soliciting offers for additional leased aircraft, signaling an expansion strategy in response to rising regional cargo demand.
Malawi Airlines is undergoing a fleet renewal initiative with the addition of a Boeing 737-700, bearing serial number 30726, as it simultaneously phases out an older B737-700 with serial number 33787. The newly delivered aircraft is owned by Dara Aviation, an Ireland-based leasing firm, while the outgoing aircraft was previously owned by Ethiopian Airlines.
LuminArx Capital Management, a U.S.-based investment firm focused on aviation assets, has revealed its intention to expand its aircraft portfolio from 16 to 50 aircraft in the near term. The firm is also preparing to enter the pre-delivery payment (PDP) financing space, along with establishing lending vehicles for other lessors, signaling a more comprehensive strategy in aircraft finance.
