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Lufthansa Cargo Strengthens Strategic Partnerships in China

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Lufthansa Cargo, Germany’s leading air freight carrier, has intensified its strategic partnerships in China by signing cooperation agreements with key industry players: Shanghai Airport Authority, Air China Cargo, and China Postal Express & Logistics. These partnerships aim to bolster Lufthansa Cargo’s presence in the Chinese market, enhance cargo capacity, and improve operational efficiency on critical routes between Europe and Asia….

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Avation Secures $85 Million Portfolio Financing Facility

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Avation, a Singapore-based aircraft leasing company, has entered into a term sheet agreement with a major international bank for a $85 million portfolio financing facility. This facility will be utilized primarily for the refinancing of existing aircraft within Avation’s fleet and for the acquisition of additional aircraft, subject to specific conditions.

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ASL Airlines Belgium Adds B737-800BCF To Fleet

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ASL Airlines Belgium has expanded its cargo fleet with the recent delivery of a Boeing 737-800BCF (Boeing Converted Freighter), bearing serial number 29782, which is on lease and powered by CFM56-7B26 engines. This marks another addition to ASL’s growing portfolio of freighter aircraft in response to strong cargo demand across Europe and beyond.

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Francesco Sciortino Appointed Lufthansa Frankfurt Hub Manager

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Francesco Sciortino will join the Executive Board of Lufthansa Airlines on September 1, 2025, assuming the role of Hub Manager for Frankfurt. He will also serve as Accountable Manager for the Lufthansa airline, marking a key leadership shift at one of Lufthansa’s core operational hubs.

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Dubai Aerospace Reports Strong Q1 With $101M Profit

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Dubai Aerospace Enterprise (DAE), a leading aircraft lessor based in the United Arab Emirates, has posted strong financial results for the first quarter of 2025. The company reported total revenue of US$395.9 million and profit before tax of US$101.2 million, reflecting solid performance across its leasing portfolio and asset management operations.