CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd., has executed lease agreements with Zhejiang Loong Airlines Co., Ltd. (Loong Air) for six Airbus A321neo aircraft, with deliveries scheduled for 2027. The transaction reflects the two companies’ longstanding strategic relationship, spanning over a decade, and reinforces their mutual commitment to supporting China’s aviation development.
Jackson Square Aviation (JSA), a U.S.-based aircraft lessor, has delivered its third Airbus A321neo to Wizz Air, the ultra-low-cost carrier headquartered in Hungary. This delivery forms part of a multi-aircraft leasing agreement that will see additional aircraft integrated into Wizz Air’s fleet through 2026, supporting the airline’s fleet modernization and expansion plans.
China Eastern Airlines has announced a broad revision of its existing aircraft and engine lease agreements, alongside the renewal of several key service contracts, including those related to financial services, logistics, and in-flight catering. The revised and renewed agreements come with proposed annual caps extending through 2028, signaling long-term operational planning and cost control.
SMBC Aviation Capital, one of the world’s largest aircraft leasing companies, has finalized lease agreements with AJet, a Turkish airline, for five Airbus A320neo aircraft. This transaction represents a notable expansion in AJet’s narrowbody operations as it continues to scale up across domestic and regional routes.
Avation, a Singapore-based aircraft lessor, has finalized a six-year lease agreement with PNG Air of Papua New Guinea for one ATR72-600 regional turboprop. The aircraft is currently under lease to Mandarin Airlines in Taiwan and is scheduled to transition to PNG Air during the fourth quarter of 2025.
Madagascar Airlines has signed lease extension agreements with Abelo, an Ireland-based aircraft leasing company, for two ATR72 turboprops. The agreements cover serial number 698, an ATR72-500, which will now remain in service through January 2028, and serial number 1248, an ATR72-600, which is extended until November 2029.
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.
Drukair, the national airline of Bhutan, has officially signed a Letter of Intent (LOI) with SMBC Aviation Capital, a leading aircraft leasing firm based in Ireland, to lease a brand new Airbus A320neo. This agreement signals Drukair’s ongoing commitment to fleet renewal and network modernization.
American Airlines and Dallas Fort Worth International Airport (DFW) have announced a significant development initiative with the unveiling of plans for Terminal F, a major expansion project designed to accommodate future passenger growth and enhance operational capacity. The new terminal will be constructed as part of a strategic infrastructure investment estimated at approximately $4 billion.
Aviation Capital Group (ACG), a prominent U.S.-based aircraft lessor, has announced the signing of a definitive agreement with Avolon Aerospace Leasing of Ireland to acquire a portfolio of 20 aircraft. The deal includes 16 narrowbody and 4 widebody aircraft currently on lease to 17 airlines across 16 countries, further diversifying ACG’s global leasing footprint.
