Crestone, a U.S.-based aviation leasing company, has expanded its fleet portfolio with the purchase of three narrowbody aircraft. The acquisition includes two Airbus A319s currently leased to American Airlines and one Airbus A320 on lease to TAP Portugal.
AerCap Holdings, one of the world’s largest aircraft leasing companies based in Ireland, has released its operational update for the second quarter of 2025, highlighting extensive transactional activity across its portfolio. The company reported 71 lease agreements, reinforcing its dominant market position amid strong global aircraft demand.
Azorra Aviation Holdings, a U.S.-based aircraft leasing and investment firm, has successfully closed a $550 million senior unsecured notes offering. The issuance reflects strong demand for mid-tier aviation lessors as the industry rebounds from post-pandemic disruptions.
Avation, a Singapore-based aircraft lessor, has finalized a six-year lease agreement with PNG Air of Papua New Guinea for one ATR72-600 regional turboprop. The aircraft is currently under lease to Mandarin Airlines in Taiwan and is scheduled to transition to PNG Air during the fourth quarter of 2025.
Aleutian Airways, a regional carrier based in the United States, has taken delivery of its first ATR42-600, marking a key milestone in its fleet development strategy. The aircraft, bearing manufacturer serial number 1405, is being introduced under a lease agreement with Azorra Aircraft Leasing, a U.S.-based lessor with a strong presence in the regional aircraft leasing space.
Air Lease Corporation (ALC) and several of its subsidiaries have successfully entered into settlement agreements with unnamed insurance providers, resulting in a total recovery of $112.4 million in cash proceeds. The settlements bring closure to a protracted claims process that had been ongoing, likely related to aircraft detained or affected by geopolitical or operational incidents.
Clover Aviation Capital, a Hong Kong-based aircraft lessor, has announced the re-appointment of Jason Bo Yao as an Independent Non-Executive Director to its board of directors, effective 1 July 2025. The decision reflects the company’s commitment to board continuity and governance strength amid evolving market conditions.
Aviation Capital Group (ACG) has announced the appointment of Cronan Enright to the newly created position of Head of Strategy. This appointment underscores ACG’s commitment to enhancing its long-term strategic vision as it navigates a rapidly evolving global aviation market.
AviaAM Leasing, a Lithuania-based aircraft leasing and asset management company, has successfully completed the sale of two Boeing 737-800 aircraft, identified by serial numbers 37751 and 37765. This transaction reflects the company’s ongoing strategy to actively manage and optimize its portfolio by capitalizing on market opportunities.
VietJet Air, a prominent Vietnamese low-cost carrier, has lost a legal battle in a London court and is now liable to pay $181 million to FW Aviation (UK) for breaching aircraft lease agreements involving Airbus A321 aircraft. The court ruled that the termination notices served by FW Aviation were valid and enforceable, ending VietJet’s challenge.
