Phoenix Aviation Capital, an Ireland-based aircraft leasing and finance company, has successfully closed a $300 million senior secured credit facility, reinforcing its financial capacity to support existing and future aviation asset transactions. The deal marks a strategic milestone as the company continues to expand its presence in the global aircraft leasing market.
AerCap, the world’s largest aircraft lessor, has been awarded over $1 billion by a UK High Court ruling, which found that insurers are obligated to cover losses related to aircraft stranded in Russia. The case stemmed from the aftermath of sanctions and countermeasures that left hundreds of leased aircraft unable to be repossessed by Western lessors following the invasion of…
Tarom, the national airline of Romania, has firmed a lease agreement with Avolon, an Irish leasing company, for two additional Boeing 737-8 aircraft, serials 65548 and 65549. This move highlights Tarom’s ongoing fleet renewal efforts to enhance its competitiveness and operational efficiency.
SmartLynx, a Latvian ACMI and charter operator, has expanded its fleet with the delivery of an Airbus A321, serial 3522, on lease. The aircraft is equipped with V2533-A5 engines, known for their reliable performance and operational efficiency.
AerDragon Aviation Leasing Company of China has entered into a significant financial transaction by securing a US$200 million debut unsecured syndicated facility. This three-year facility marks the company’s first foray into syndicated financing, providing a strategic boost for its leasing operations.
Aircastle (US) and its subsidiary, Aircastle Ireland, have had their Long-Term Issuer Default Ratings (IDR) affirmed by Fitch Ratings at ‘BBB+’. The outlook for these ratings remains Stable, indicating a steady financial position and outlook for the leasing group.
CDB Aviation, a global aircraft leasing platform based in Ireland and a wholly owned subsidiary of China Development Bank Financial Leasing, has completed the delivery of an Airbus A320neo to Volaris, one of Mexico’s leading low-cost airlines. This transaction reflects Volaris’s continued strategy of expanding and modernizing its all-Airbus fleet with fuel-efficient and environmentally progressive aircraft.
Avion Express, a leading Lithuanian ACMI and charter operator, has entered into a strategic partnership with PLAY, the low-cost Icelandic airline, for the summer 2025 season. This collaboration signals PLAY’s intent to scale up seasonal capacity while leveraging Avion Express’s operational flexibility and aircraft availability. Although specific terms and fleet assignments have not been publicly disclosed, the…
Avolon, the Dublin-based aircraft leasing company, has initiated a debt tender offer for several series of its outstanding notes. The offer, which commenced on 19 May 2025, seeks to repurchase up to $800 million in aggregate principal amount of these notes. The strategic move is aimed at optimizing the company’s capital structure and reducing outstanding debt obligations under favorable market…
Willis Lease Finance Corporation, a U.S.-based leader in aviation leasing and asset management, has announced the appointment of Z. Clifton Dameron as Senior Vice President, General Counsel, and Corporate Secretary, effective immediately. Dameron succeeds Dean Poulakidas, who has stepped down from the role to pursue other opportunities.
