| |

Group Engine Management Signs PW1100 Lease Deal With CDB Aviation

Group Engine Management GmbH has entered into a new strategic partnership with CDB Aviation through the signing of a General Terms Agreement (GTA) for aircraft engine leasing. The initial step under this broader cooperation involves a lease agreement for four Pratt & Whitney PW1100 engines, which will be deployed to support the Lufthansa Group Airlines fleet.

| | |

SMBC Aero Engine Lease Delivers LEAP-1B To StandardAero

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.

| | | |

HALO AirFinance Funds PW1900 Engines For Royal Jordanian

HALO AirFinance, a U.S.-based aviation financing company, has announced the successful closing of two senior secured loans to support Royal Jordanian’s acquisition of two newly delivered Pratt & Whitney PW1900 spare engines. These engines will serve as critical support assets for the airline’s growing Embraer E2 fleet.

| | | |

StandardAero Seeks Court Order Against Silver Airways

StandardAero (US) has initiated legal action in bankruptcy court, seeking an order that would compel Silver Airways (US) to return a leased aircraft engine currently in the airline’s possession. The action comes as part of the ongoing bankruptcy proceedings involving Silver Airways, which has been struggling to stabilize operations and address creditor claims.

| | |

Setna iO Leases V2500-A5 Engine to Heston Airlines

Setna iO, a U.S.-based aviation asset management and engine leasing company, has announced the installation and lease of one V2500-A5 engine to Heston Airlines, a Lithuanian ACMI and charter operator. The leased engine will support Heston’s peak summer 2025 flying season, ensuring operational continuity during a high-demand period.

| | |

Air New Zealand Plans Aircraft and Engine Leases Amid Fleet Challenges

Air New Zealand is preparing for potential operational disruptions in 2H 2025, as it anticipates up to 11 aircraft being grounded at various points due to ongoing maintenance and supply chain constraints. To mitigate these issues, the airline is securing two additional leased engines, supplementing its previously announced two leased A321s, all expected to enter service before the end of the year.