Avolon Holdings, one of the world’s leading aircraft leasing companies, has announced the pricing of a $650 million private offering in senior unsecured notes, issued through its wholly owned subsidiary, Avolon Holdings Funding. The notes carry an interest rate of 4.900% and are scheduled to mature in 2030.
Thai Airways International is reportedly evaluating a major fleet expansion plan that could include the purchase of up to 80 Boeing aircraft, contingent upon the finalization of a tariff agreement between Thailand and the United States. This potential deal signals a significant pivot in Thai Airways’ long-term strategy, as it seeks to modernize its fleet and boost operational…
GMR Aero Technic, one of India’s prominent MRO providers, has secured a three-year base maintenance agreementwith Akasa Air, a fast-growing Indian low-cost carrier. The agreement covers maintenance services for Akasa’s expanding B737 MAX fleet, reinforcing the airline’s commitment to operational reliability and GMR Aero Technic’s positioning as a preferred maintenance partner in the region.
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.
AviaAM Leasing Service Centre, a part of the AviaAM Leasing group, is progressing toward the final stages of a B777-300ER Passenger-to-Freighter (P2F) conversion project in collaboration with Mammoth Freighters (US). This strategic initiative is expected to be completed by the end of 2025, marking a significant milestone in the company’s ongoing efforts to expand its freighter portfolio and respond to growing…
Oman Air, the national carrier of the Sultanate of Oman, has received a new Boeing 737-8 aircraft with manufacturer serial number 63370. The aircraft is powered by CFM International LEAP-1B27 engines, known for their efficiency and reduced environmental footprint.
Korean Air, South Korea’s flag carrier, has expanded its widebody fleet with the addition of a Boeing 787-10, carrying manufacturer serial number 66881. The aircraft is powered by General Electric GEnx-1B engines, known for their high efficiency and lower emissions on long-haul operations.
Alaska Air Group, one of the largest carriers in the United States, has announced plans to exercise options for five additional Boeing 787-9s, expanding its long-haul capabilities. Simultaneously, the airline will firm up additional options for Boeing 737-10s, reinforcing its narrowbody growth strategy.
Africa Charter Airline, based in South Africa, has expanded its freighter operations by placing a second Boeing 737-400F into ACMI service for BidAir Cargo, also based in South Africa. The aircraft, bearing manufacturer serial number 24446, further strengthens the partnership between the two companies in the fast-growing African cargo market.
AirExplore, a Slovakian ACMI and cargo operator, has announced the sublease of one Boeing 737-800F freighter to ASL Airlines Belgium. The move marks another step in the regional redistribution of freighter capacity across Europe as cargo operators continue to optimize their fleets for evolving demand patterns.
