Avolon Reports 79% Increase in Net Income for 2024
Avolon, a leading global aircraft lessor, has reported strong financial results for 2024, highlighting significant growth in revenue and profitability.
Avolon, a leading global aircraft lessor, has reported strong financial results for 2024, highlighting significant growth in revenue and profitability.
In a strategic move to enhance domestic connectivity, TACV Cabo Verde Airlines has entered into agreements to lease two ATR 72-600 aircraft, bearing serial numbers 1512 and 1514, from TrueNoord, a Netherlands-based regional aircraft lessor. Each lease is set for an eight-year term.
Titan Aircraft Investments has announced the acquisition of two Boeing 777 Freighters, bearing serial numbers 42033 and 42034. The aircraft are currently on lease to Ethiopian Airlines and were purchased from Carlyle Aviation Partners, reinforcing Titan’s growing freighter portfolio.
Fitch Ratings has assigned the following expected ratings to the notes issued by Castlelake Aircraft Structured Trust 2025-1: These notes are secured by lease payments and disposition proceeds from a pool of 36 passenger aircraft operated by various third-party lessees. The assigned ratings reflect Fitch’s assessment of the credit quality of the underlying lessees, the diversification and age of…
Malaysia Airlines has expanded its fleet with the addition of a new Boeing 737-8, serial number 66368, powered by LEAP-1B27 engines. This aircraft, registered as 9M-MVA, marks a significant milestone in the airline’s fleet modernization efforts.
Aircastle (Ireland) has successfully priced $500 million in 5.250% Senior Notes due 2030, issued at 99.171%. This move strengthens the aircraft lessor’s financial position and provides long-term capital for its global leasing operations.
AerFin, a UK-based aviation solutions provider, has announced the appointment of Tamsin Hayward as its new General Counsel. This strategic addition to AerFin’s leadership team reflects the company’s commitment to enhancing its legal and compliance framework to support its global operations.
Icelease, an aircraft leasing company based in Iceland, has successfully placed a B737-800BCF (Boeing Converted Freighter), identified by serial number 30879, on lease with ASL Aviation Holdings, headquartered in Ireland. This lease agreement further expands ASL Aviation’s capabilities in the cargo sector.
Dubai Aerospace Enterprise (DAE), based in the United Arab Emirates, has announced a definitive agreement with K2 Aviation of Ireland to sell seven aircraft from its portfolio. These aircraft, consisting of both Airbus and Boeingmodels, are currently on lease to six different airline customers.
AviaAM Leasing, a Lithuania-based aircraft leasing company, has announced the successful sale of a Boeing 737-800 to a US-based partner. This transaction is part of the lessor’s impressive 2024 portfolio, which saw the completion of 39 projects, including 18 acquisitions, 17 sales, and 4 leases.