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airBaltic and SUA Lineas Aereas Partner on A220-300 Wet Lease

airBaltic (Latvia) has entered a strategic partnership with SUA Lineas Aereas (Uruguay), expanding its leasing operations into South America. As part of the agreement, airBaltic plans to wet lease up to five Airbus A220-300 aircraft to SUA starting October 2025, marking an important step in its ACMI (Aircraft, Crew, Maintenance, and Insurance) leasing strategy.

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Pratt & Whitney Reports 18% Increase in 4Q 2024 Sales

Pratt & Whitney (US) has reported a strong fourth quarter (4Q) 2024 performance, with sales increasing by 18% to $7.5 billion and operating profit rising 32% to $504 million. The results reflect higher demand for commercial and military engines, as well as robust aftermarket services growth.

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World Star Aviation Completes GEnx-1B Sale/Leaseback Transaction

World Star Aviation, a UK-based aviation asset management company, has announced the successful completion of a sale/leaseback transaction for a GEnx-1B engine. This transaction underscores the company’s expertise in structuring tailored leasing solutions for the aviation industry.

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United Airlines Adds Two B737 MAX Aircraft to Fleet

United Airlines, a major US carrier, has expanded its fleet with the addition of two Boeing 737 MAX aircraft. The deliveries include one B737-9, identified by serial number 67631, and one B737-8, with serial number 68827. Both aircraft are equipped with LEAP-1B28 engines, renowned for their fuel efficiency and performance.

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Icelease Places B737-800BCF with ASL Aviation

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.