BOC Aviation (Singapore) has entered into an agreement with Airbus to purchase nine A320neo aircraft, demonstrating continued demand for efficient narrowbody aircraft in the global market. The lessor has committed all nine aircraft on long-term leases to avianca (Colombia), bolstering the South American carrier’s fleet renewal and expansion plans.
Blue Air (Romania) administrators have successfully sold two Boeing 737-500 aircraft, serial numbers 24941 and 24942, at auction for a total of approximately US$3.5 million. The identity of the buyer has not been disclosed, leaving some uncertainty about the future deployment of these aircraft.
Andes (Argentina) has recently taken delivery of the first of two Boeing 737-700 aircraft, serial number 38125, as part of its ongoing fleet expansion plan. The second aircraft, serial 38126, is expected to join the fleet next week. Both aircraft are leased and will play a crucial role in enhancing the airline’s operational capacity. The addition of these two B737-700s comes at…
Air Montenegro has announced that it has wet leased one Airbus A320 (serial number 4973) from Danish Air Transport (DAT). The lease agreement is in place until at least 10 June 2025, highlighting the airline’s efforts to maintain operational flexibility and meet passenger demand during the busy summer season.
Aeroflot Group (Russia) has announced that it expects to complete insurance settlements with foreign lessors covering 36 aircraft in its fleet. According to CEO Sergei Aleksandrovsky, all commercial terms of these settlements have already been finalized, paving the way for a resolution to long-standing issues stemming from the grounding of foreign-leased aircraft in Russia.
Wizz Air Holdings (Hungary) has reported its financial results for the fiscal year ending 31 March 2025. The company’s total revenue increased by 3.8%, reaching US$6.0 billion. Despite this rise in revenue, Wizz Air’s net profit experienced a significant decline of 41.5%, dropping to $243.8 million. The carrier also reported a total cash position of $1.97 billionat the end of the period.
Moody’s has recently announced a significant downgrade of the corporate family rating for Azul (Brazil), reducing it from Caa2 to Ca. This move by the rating agency reflects increasing concerns about the airline’s financial position and overall risk profile. The downgrade also extends to Azul Secured Finance and Azul Investments, underscoring the broader impact across the group’s financial entities.
Etihad has recently expanded its fleet with the delivery of one Boeing 787-9 aircraft, registered as A6-BNH. This aircraft is powered by GEnx-1B74/75 engines, known for their improved fuel efficiency and environmental performance. The delivery marks a significant milestone for Etihad, as the airline continues to modernize its long-haul fleet with state-of-the-art, fuel-efficient aircraft.
Air Zimbabwe has announced plans to sell two B777-200ER aircraft, serial numbers 28421 and 28422, in an “as-is” condition to help settle its outstanding debts. The airline is seeking bids for the aircraft by 25 July 2025, marking a significant move to reduce financial pressures and stabilize its operations.
Air Cairo is poised to bolster its fleet with the delivery of two Airbus A320 aircraft, identified by serial numbers 6500and 6458. These aircraft acquisitions are facilitated under a lease agreement with Macquarie AirFinance, a major aircraft leasing company based in Ireland. This move marks a strategic expansion for the Egyptian carrier, strengthening its capacity and operational flexibility.
