IAT Leasing, an Ireland-based leasing platform, has completed the acquisition of a portfolio of nine narrowbody aircraft from US-based Zephyrus Aviation Capital. These aircraft are currently on lease to eight different airlines, indicating a globally diversified portfolio with active cash flow generation potential.
AIP Capital has entered into a strategic partnership with Monroe Capital to jointly pursue an aircraft leasing venture targeting a portfolio of up to $1 billion in aviation investments. This venture will focus on acquiring mid-life commercial aircraft that are on long-term leases to airlines across the globe, aiming to capture value in a segment often overlooked by larger lessors prioritizing new deliveries. To…
Uganda Airlines has confirmed plans to wet lease a Boeing 737-800 Freighter (B737-800F) to expand its cargo capacity from Entebbe, Uganda’s primary international gateway. This development is part of the airline’s strategic initiative to scale up its cargo network in support of regional and international trade.
Jet Time, a Danish charter and ACMI operator, has announced the extension of its partnership with Finnair through its first full-year ACMI contract, which will see two Boeing 737-800s operated on behalf of the Finnish flag carrier from winter 2025 until October 2026.
Jambojet, the low-cost carrier based in Kenya, has announced plans to add three leased De Havilland Canada Q400turboprop aircraft in the coming months to support its growing route network. The additional capacity will help the airline meet increasing demand across both domestic and regional African routes.
China Airlines, the flag carrier of Taiwan, has announced plans to invest over $2 billion to expand its fleet with the addition of five Airbus A350-900s and eight A321neos. The move is part of the airline’s long-term strategy to modernize its fleet, improve fuel efficiency, and support network expansion across regional and long-haul markets.
Phoenix Aviation Capital, based in Ireland, has successfully closed its offering of $550 million in senior unsecured notes due 2030, carrying a fixed interest rate of 9.25%. The proceeds from this debt issuance will be used to repay existing indebtedness and support general corporate purposes, strengthening the company’s capital structure and liquidity position.
Azorra Finance is projected to receive a ‘BB-(EXP)’ credit rating from Fitch Ratings for its planned issuance of $500 million in senior unsecured notes. The final terms, including fixed interest rate and maturity date, are expected to be set at the time of the note issuance. The ‘EXP’ suffix signifies that the rating is currently expected and contingent upon the completion…
CDB Aviation, the Ireland-based aircraft leasing arm of China Development Bank, has completed the delivery of three Airbus A320neo aircraft to Volaris, Mexico’s largest low-cost airline. The addition of these next-generation narrowbodies underscores Volaris’ ongoing fleet renewal strategy focused on fuel efficiency and sustainability.
Air Senegal is facing legal and operational complications following the freezing of $3.1 million of its funds by IATA, enforced under a court order stemming from a leasing dispute with Carlyle Aviation Partners, an Ireland-based aircraft lessor. The issue revolves around the return of four aircraft—two Airbus A319s and two A321s—to the lessor.
