SMBC Aero Engine Lease has successfully delivered one LEAP-1B engine to StandardAero on a long-term lease agreement finalized in May 2025, marking the first transaction between the two companies. This deal underscores the growing demand for modern, fuel-efficient engines and the increasing importance of engine leasing in the aviation aftermarket.
American Airlines has expanded its narrowbody fleet with the delivery of a Boeing 737-8, serial number 44514, continuing its modernization strategy focused on fuel-efficient aircraft. The aircraft is equipped with LEAP-1B25 engines, developed by CFM International, delivering improved performance, fuel economy, and environmental benefits.
China Southern has taken delivery of a new Airbus A320neo, bearing serial number 12736, as part of its ongoing fleet modernization efforts. The aircraft is powered by CFM International LEAP-1A26 engines, which offer significant performance and efficiency advantages over previous-generation powerplants.
Allegiant has expanded its narrowbody fleet with the recent acquisition of a Boeing 737-8200, bearing serial number 68020. The aircraft is powered by CFM International LEAP-1B27 engines, signifying the airline’s latest step in transitioning to more fuel-efficient and environmentally friendly aircraft.
China Southern has expanded its long-haul fleet with the recent delivery of a Boeing 787-9, bearing manufacturer serial number (MSN) 63989, and powered by GEnx-1B74/75 engines. This addition marks another step in the airline’s ongoing widebody fleet renewal and expansion strategy.
Jetstar, the low-cost subsidiary of Qantas Group, has taken delivery of a new Airbus A320neo, serial number 12556, powered by CFM International LEAP-1A26 engines. This addition marks another step in the airline’s ongoing fleet modernization and fuel efficiency program.
Turkish Airlines has added another aircraft to its expanding fleet with the delivery of an Airbus A320, bearing serial number 5605. The aircraft has been leased and is powered by V2527-A5 engines, a member of the IAE V2500 engine family, well-known for its efficiency and reliability on short- and medium-haul routes.
Air Canada has expanded its narrowbody fleet with the delivery of a Boeing 737-8, carrying manufacturer serial number 66479. The aircraft is powered by LEAP-1B27 engines, manufactured by CFM International, and joins the airline’s growing number of next-generation narrowbody jets designed to support its domestic and transborder operations.
Frontier Airlines, a major U.S.-based low-cost carrier, continued to strengthen its fleet strategy during the first quarter of 2025 by extending 14 aircraft leases that were originally scheduled to end in 2026 and 2027. This strategic move reflects the airline’s focus on maintaining operational continuity and avoiding short-term capacity gaps amid increasing demand projections.
Frontier Airlines, the U.S.-based ultra-low-cost carrier, has bolstered its fleet with the delivery of four Airbus A321neo aircraft and two spare engines during the first quarter of 2025. These new additions are part of the airline’s ongoing fleet expansion strategy aimed at increasing capacity while maintaining cost efficiency.
