Willis Lease Finance Corporation (NASDAQ: WLFC), a leading lessor of commercial aircraft engines and global aviation services provider, announced its financial results for the first quarter ended March 31, 2025. The company reported record quarterly revenue of $157.7 million, marking a 32.5% increase compared to the same period in 2024. Pre-tax income for the quarter was $25.3…
Silver Airways, a U.S.-based regional carrier, has received a $5.78 million stalking horse bid from KIA II, a financial firm that had previously provided debtor-in-possession (DIP) financing to the airline. This development positions Silver Airways to move forward in its efforts to exit bankruptcy proceedings and reestablish operational normalcy.
Air Lease has announced impressive financial results for the first quarter of 2025, with total revenues rising 11.3% to reach $738.3 million, reflecting strong demand for leased aircraft amid a recovering global aviation market. More notably, net income increased 274.5%, climbing to $364.8 million, signaling robust profitability driven by a growing fleet and favorable lease terms.
JetBlue has sold its corporate venture capital division, JetBlue Ventures, to SKY Leasing, a U.S.-based aircraft leasing company. This strategic move is part of JetBlue’s broader plan to refocus on its core airline business amid its ongoing efforts to return to profitability.
Southwest Airlines, the largest domestic carrier in the U.S., has appointed Brian Kilburn as its new Vice President of Cargo, Provisioning, and Ground Support Equipment, marking a key leadership transition within its operations division. Kilburn steps into the role following the retirement of Wally Devereaux, a long-serving executive known for developing Southwest’s cargo division into a reliable revenue stream.
Sun Country Airlines, a U.S.-based hybrid carrier operating both passenger and cargo services, announced plans to add eight additional freighter aircraft in 2025, a significant expansion of its cargo capacity. Three of these freighters were delivered in Q1, with the remaining five expected to arrive by the end of the third quarter.
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.
Republic Airways, a prominent U.S. regional carrier, has taken delivery of a new Embraer E175 aircraft, carrying serial number 17000990. The aircraft is powered by CF34-8E5 engines, produced by GE Aerospace, and will serve routes under its existing capacity purchase agreements with major U.S. network airlines.
FedEx Express, the global cargo carrier based in the United States, has taken delivery of a Boeing 767-300F, bearing serial number 67541. The aircraft is powered by CF6-80C2B6F engines, manufactured by GE Aerospace, and will bolster the airline’s capacity to handle growing cargo demand across its international network.
American Airlines has expanded its long-haul fleet with the recent delivery of a Boeing 787-9 Dreamliner, bearing serial number 66010. The aircraft is equipped with GEnx-1B74/75 engines, manufactured by GE Aerospace, continuing the airline’s strategy of operating fuel-efficient and environmentally optimized aircraft for international routes.
