Jeju Air, South Korea’s largest low-cost carrier, has expanded its modern fleet with the delivery of its fourth Boeing 737-8, carrying manufacturer serial number (MSN) 66541. The aircraft is powered by LEAP-1B engines, developed by CFM International, and continues the airline’s fleet renewal strategy centered on fuel efficiency and operational performance.
StandardAero, a U.S.-based MRO services provider, has expanded its engine service portfolio by introducing lease engine support for both LEAP-1A and LEAP-1B models. The company has already contracted multiple engines and is making them available on short-term lease arrangements to serve the needs of the global LEAP operator community.
AIP Capital, a U.S.-based aviation investment and asset management firm, is preparing for a substantial acquisition of Boeing 737 MAX aircraft, leveraging its $321 million pre-delivery payment (PDP) financing fund. This move forms part of AIP’s broader strategy to expand its aircraft portfolio and deepen its footprint in the global leasing space.
Boeing has reached a tentative non-prosecution agreement with the U.S. Department of Justice (DOJ), aiming to resolve a criminal fraud case stemming from two fatal B737 MAX crashes involving Lion Air Flight 610 and Ethiopian Airlines Flight 302. The proposed agreement would prevent a 23 June 2025 trial, avoiding prolonged legal exposure for the aerospace giant.
Vietjet, the Vietnamese low-cost airline, has signed a cooperation agreement with Boeing to transfer 50 Boeing 737 MAX aircraft to its Thai subsidiary, Thai Vietjet Air. The aircraft are part of a larger order of 200 units originally placed in 2022, aimed at supporting Vietjet’s ambitious regional growth strategy.
Southwest Airlines, one of the largest low-cost carriers in the United States, has exercised options for nine Boeing B737-7 aircraft during the first four months of 2025. The newly firmed orders are scheduled for delivery in 2026, as part of the airline’s continued efforts to modernize its fleet with next-generation aircraft.
AviLease, the Saudi Arabian aircraft leasing company, has announced its first direct order with Boeing, marking a significant milestone in its growth strategy. The deal includes a firm commitment for 20 Boeing B737-8 aircraft, along with options for an additional 10 units. This order signals AviLease’s long-term confidence in the demand for narrowbody jets and its ambition to…
Air Europa is poised to receive its first Boeing B737 MAX aircraft next week, marking a major step in the Spanish carrier’s narrowbody fleet modernization. This delivery will be followed by ten additional B737 MAX aircraft, scheduled to arrive starting in 2026, with deliveries occurring at a rate of one aircraft per month.
Air Europa, the Spanish carrier, is preparing to settle its outstanding loan of $157 million this week, originally granted by the Instituto de Crédito Oficial (ICO) in May 2020. The loan had been extended as part of the Spanish government’s support package to help businesses during the COVID-19 pandemic, with Air Europa being one of the primary beneficiaries within the…
Boeing CEO Kelly Ortberg has publicly reaffirmed the company’s commitment to protecting its recovery trajectoryamid ongoing trade tensions between the United States and China. As the geopolitical conflict continues to cast uncertainty over global aerospace markets, Boeing emphasized that it still plans to deliver approximately 50 aircraft to Chinese customers this year.
