SMBC Aviation Capital Reports $563M Profit, $1.41B Recovered

SMBC Aviation Capital, headquartered in Ireland, has released its fiscal year 2024 results for the period ending 31 March 2025, posting a 22% year-on-year increase in pre-tax profit to $563 million, excluding exceptional items. The lessor also confirmed $2 billion in core lease rental income and $1.41 billion in total recoveries related to Russian insurance settlements.

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Avolon Launches $800M Debt Tender Offer

Avolon, the Dublin-based aircraft leasing company, has initiated a debt tender offer for several series of its outstanding notes. The offer, which commenced on 19 May 2025, seeks to repurchase up to $800 million in aggregate principal amount of these notes. The strategic move is aimed at optimizing the company’s capital structure and reducing outstanding debt obligations under favorable market…

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Aer Lingus Takes Delivery Of A321XLR Aircraft

Aer Lingus, the Irish flag carrier and part of the International Airlines Group (IAG), has taken delivery of one Airbus A321XLR, with manufacturer serial number 12248, powered by LEAP-1A33X engines. This addition marks a continued expansion of the airline’s fleet strategy to incorporate next-generation, fuel-efficient narrowbody aircraft capable of long-haul operations.

SMBC Aviation Capital Closes Sustainability-Linked Facility

SMBC Aviation Capital, based in Ireland, has announced the successful closing of a sustainability-linked secured aircraft financing facility, backed by export credit agency (ECA) support. The transaction was executed with HSBC (UK) acting as Sole Mandated Lead Arranger (MLA), ECA Lender, Sustainability Coordinator, and Agent. The financing was further supported by Bpifrance Assurance Export (France) and will be used to finance A320neo…

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Ryanair Launches $842 Million Share Buyback Program

Ryanair has officially commenced a significant financial maneuver by launching a $842 million share buyback program. The initiative, coordinated through arrangements with its brokers, spans a full year from 20 May 2025 to 19 May 2026. This move underscores the carrier’s confidence in its capital structure and financial outlook.

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Avolon Credit Ratings Upgraded By Fitch And Moody’s

Avolon, the Dublin-based aircraft lessor, has received credit rating upgrades from two leading international agencies, signaling enhanced confidence in the company’s financial strength and operational resilience. Fitch Ratings has raised Avolon’s long-term issuer default rating from BBB- to BBB, while Moody’s Investors Service upgraded its senior unsecured debt rating from Baa3 to Baa2. Both agencies assigned a stable outlook to the updated ratings.

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ACIA Delivers First ATR72-600 To Emerald Airlines

ACIA Aero Leasing, based in Ireland, has announced the successful delivery of the first of two ATR72-600 turboprop aircraft to Emerald Airlines, also headquartered in Ireland. The aircraft is configured in a 72-seat layout, maximizing capacity within the aircraft’s regional operational envelope and supporting Emerald Airlines’ continued network expansion.

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Phoenix And AIP Lease B787-8 MSN 35942 To LOT Polish Airlines

Phoenix Aviation Capital, based in Ireland, and AIP Capital, a U.S.-based investment platform, have jointly announced the acquisition of a Boeing 787-8 Dreamliner, serial number 35942, which has been placed on long-term lease with LOT Polish Airlines. The transaction underscores continued confidence in widebody leasing and in LOT’s long-haul strategy.