Aviation Capital Group (ACG) announced on July 7, 2025, that it has finalized the initial closing of four aircraft from a larger 20‑aircraft portfolio acquisition from Avolon Aerospace Leasing.
Avolon, one of the world’s leading aircraft lessors based in Ireland, has released its operational results for the second quarter of 2025, highlighting dynamic portfolio activity and a growing footprint. During the quarter, Avolon acquired 15 aircraft, sold 20 aircraft, and placed 26 aircraft from its orderbook, showcasing its active asset management strategy and strong demand for its fleet offerings.
Flair Airlines, a Canadian ultra-low-cost carrier, is facing a $30.9 million countersuit in Ontario from four Irish lessors— Columbia Lights Aviation, Corvus Lights Aviation, Mam Aircraft Leasing, and Airborne Capital. The legal action stems from alleged financial damages tied to lease terminations and the repossession of four Boeing 737 MAXaircraft.
China Eastern Airlines has announced a broad revision of its existing aircraft and engine lease agreements, alongside the renewal of several key service contracts, including those related to financial services, logistics, and in-flight catering. The revised and renewed agreements come with proposed annual caps extending through 2028, signaling long-term operational planning and cost control.
SMBC Aviation Capital, one of the world’s largest aircraft leasing companies, has finalized lease agreements with AJet, a Turkish airline, for five Airbus A320neo aircraft. This transaction represents a notable expansion in AJet’s narrowbody operations as it continues to scale up across domestic and regional routes.
Crestone, a U.S.-based aviation leasing company, has expanded its fleet portfolio with the purchase of three narrowbody aircraft. The acquisition includes two Airbus A319s currently leased to American Airlines and one Airbus A320 on lease to TAP Portugal.
AerCap Holdings, one of the world’s largest aircraft leasing companies based in Ireland, has released its operational update for the second quarter of 2025, highlighting extensive transactional activity across its portfolio. The company reported 71 lease agreements, reinforcing its dominant market position amid strong global aircraft demand.
Azorra Aviation Holdings, a U.S.-based aircraft leasing and investment firm, has successfully closed a $550 million senior unsecured notes offering. The issuance reflects strong demand for mid-tier aviation lessors as the industry rebounds from post-pandemic disruptions.
Avation, a Singapore-based aircraft lessor, has finalized a six-year lease agreement with PNG Air of Papua New Guinea for one ATR72-600 regional turboprop. The aircraft is currently under lease to Mandarin Airlines in Taiwan and is scheduled to transition to PNG Air during the fourth quarter of 2025.
Aleutian Airways, a regional carrier based in the United States, has taken delivery of its first ATR42-600, marking a key milestone in its fleet development strategy. The aircraft, bearing manufacturer serial number 1405, is being introduced under a lease agreement with Azorra Aircraft Leasing, a U.S.-based lessor with a strong presence in the regional aircraft leasing space.
