Vietnam Airlines has announced plans to wet lease three additional A320 aircraft to meet the surge in passenger demand during the 2025 Lunar New Year period, which runs from 13 January to 12 February 2025. This strategic move ensures the airline can maintain seamless operations and provide sufficient capacity for travelers during one of the busiest times of the year.
Qatar Airways has expanded its fleet with the delivery of a Boeing 787-8, bearing serial number 42378, on wet lease from Oman Air. The aircraft is equipped with GEnx-1B engines, known for their fuel efficiency and high performance, making it an ideal addition to Qatar Airways’ long-haul operations.
Cebu Pacific (Philippines) has successfully closed its first-ever sustainability-linked Japanese Operating Lease with Call Option (JOLCO) for a new Airbus A321neo. This milestone financing reflects the airline’s commitment to integrating sustainable practices into its growth strategy.
Aircraft Leasing & Management (UK) has announced the acquisition of an A321neo, bearing serial number 10056, from Minsheng Financial Leasing (China). The aircraft is currently under an existing lease agreement with Viva (Mexico), enhancing its operational use in the growing Latin American market.
Aero Capital Solutions (US) has shared its 2024 transaction highlights, showcasing a year of significant activity and growth. The company purchased 67 aircraft and 10 standalone engines during the year, strengthening its diverse portfolio of aviation assets.
Aircastle (US) has announced its financial results for the third quarter of 2024, covering the period ended 30 November 2024. The company reported total revenues of $194 million and a net income of $18 million, reflecting stable financial performance in a challenging market environment.
Nordic Aviation Capital (Ireland), a global leader in regional aircraft leasing, has successfully executed a lease agreement with Rise Air (Canada) for two ATR72-600 aircraft. This agreement supports Rise Air’s strategy to expand its regional connectivity and improve service efficiency across its network.
IndiGo (India) has entered into a wet lease agreement with Freebird Airlines (Turkiye) for four Airbus A320 aircraft. The aircraft, identified by serial numbers 4658, 3514, 3852, and 5906, will bolster IndiGo’s operational capacity during high-demand periods, ensuring the airline can maintain its extensive domestic and international route network.
GOAL Aircraft Leasing, a prominent German leasing company, has finalized a sale and leaseback agreement with Porter Airlines (Canada) for two Embraer E195-E2 aircraft. These modern jets will be operated by Porter Airlines under long-term lease arrangements, further strengthening its fleet for regional and transcontinental operations.
Ascend Airways UK has announced the addition of a Boeing 737-8 to its fleet, subleased from SmartLynx (Latvia) in December 2024. This marks a significant milestone in Ascend Airways’ fleet expansion strategy as it aims to strengthen its operations and enhance capacity ahead of the busy summer travel season.
