| | | | | |

Avation To Sell B777-300ER Leased To Philippine Airlines

Avation, a Singapore-based aircraft leasing company, has entered into an agreement to sell a Boeing 777-300ER that is currently on lease to Philippine Airlines. The transaction is expected to be completed in the third quarter of 2025, representing a significant divestment from its widebody portfolio.

|

Vietnam Airlines Signs $1.5B Funding MOU With ING

Vietnam Airlines, the national flag carrier of Vietnam, has signed a memorandum of understanding (MOU) with ING, a Netherlands-based global financial institution, to secure funding of up to $1.5 billion. This significant agreement is part of the airline’s broader plan to finance strategic projects, modernize operations, and ensure long-term financial resilience.

| |

AerCap Awarded Over $1B In Insurance Ruling

AerCap, the world’s largest aircraft lessor, has been awarded over $1 billion by a UK High Court ruling, which found that insurers are obligated to cover losses related to aircraft stranded in Russia. The case stemmed from the aftermath of sanctions and countermeasures that left hundreds of leased aircraft unable to be repossessed by Western lessors following the invasion of…

| | | | | |

Tarom To Lease Two Additional B737-8 Aircraft

Tarom, the national airline of Romania, has firmed a lease agreement with Avolon, an Irish leasing company, for two additional Boeing 737-8 aircraft, serials 65548 and 65549. This move highlights Tarom’s ongoing fleet renewal efforts to enhance its competitiveness and operational efficiency.