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.
Ryanair, one of Europe’s largest low-cost carriers, has announced the purchase of 30 new spare LEAP-1B engines from CFM International. The agreement strengthens the airline’s operational resilience and supports its growing fleet of B737-8200 aircraft.
Ryanair CEO Michael O’Leary is set to receive shares worth an impressive $111 million as part of a performance-based incentive program. The payout comes after the company met a significant performance target, signaling the airline’s robust operational and financial health despite industry challenges.
Six West Aviation, a global provider of aviation services headquartered in Ireland, has announced the promotion of Aine Scully to the position of Chief Executive Officer. Scully’s appointment reflects the company’s continued investment in internal leadership development and strategic expansion across key operational areas.
Avolon, a prominent aircraft leasing firm based in Ireland, has completed the delivery of the first Airbus A320neo to Royal Jordanian, marking the start of an eight-aircraft lease agreement. The aircraft delivered carries serial number 12304, and its arrival signals the beginning of a phased fleet renewal effort for the Jordanian flag carrier.
Fitch Ratings, a prominent global credit rating agency, has assigned a long-term issuer credit rating of ‘A’ to CDB Aviation Lease Finance’s proposed fixed-rate senior unsecured US-dollar notes. The rating applies to the new tranche of debt instruments being issued under the company’s expansive funding programs, including its recently priced $700 million senior notes.
CDB Aviation Lease Finance, through its CDBL FUNDING 1 subsidiary, has successfully completed a dual-tranche offering of senior unsecured notes totaling $700 million. The transaction, finalized on 20 May 2025, is part of the company’s broader $3.0 billion Medium-Term Note (MTN) Program, which enables it to flexibly access capital markets and support ongoing fleet growth and lease portfolio expansion.
CDB Aviation, through its wholly owned Irish subsidiary CDBL FUNDING 1, has successfully priced a $700 million dual-tranche offering of senior unsecured notes under its $3.0 billion Medium Term Note (MTN) Program. The issuance, completed on May 20, 2025, marks CDB Aviation’s return to the international bond market after a four-year absence and supports its long-term funding diversification strategy.
Abelo, the Irish aircraft leasing company, has undergone a change in ownership as an affiliate of Cerberus Capital Management has acquired the business from funds managed by Oaktree Capital Management. The transaction signifies a strategic realignment in Abelo’s financial backing, potentially signaling new directions or growth plans under Cerberus’s stewardship.
CDB Aviation, a global aircraft leasing platform based in Ireland and a wholly owned subsidiary of China Development Bank Financial Leasing, has completed the delivery of an Airbus A320neo to Volaris, one of Mexico’s leading low-cost airlines. This transaction reflects Volaris’s continued strategy of expanding and modernizing its all-Airbus fleet with fuel-efficient and environmentally progressive aircraft.
