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.
Proflight Zambia, the leading regional carrier based in Lusaka, has expanded its fleet with the acquisition of a Bombardier CRJ200, carrying serial number 7884. The aircraft has been leased from Alberta Aviation Capital, a Canadian-based leasing company, and is expected to support Proflight’s short-haul operations across southern Africa.
Madagascar Airlines has signed lease extension agreements with Abelo, an Ireland-based aircraft leasing company, for two ATR72 turboprops. The agreements cover serial number 698, an ATR72-500, which will now remain in service through January 2028, and serial number 1248, an ATR72-600, which is extended until November 2029.
BermudAir, the boutique airline based in Bermuda, has taken delivery of its fourth aircraft, an Embraer E190 registered under serial number 19000291. The aircraft is leased from Azorra, a U.S.-based aircraft lessor, and is powered by GE CF34-10E5 engines, widely used across the E-Jet family for their performance and reliability.
Awesome Cargo, a Mexico-based all-cargo carrier, has expanded its fleet with the delivery of one Airbus A330-200P2F, bearing serial number 1252. The aircraft, which has been leased to the airline, is powered by General Electric CF6-80E1A4 engines, offering robust performance and efficiency for mid-to-long-haul freight operations.
Aviation Capital Group (ACG), a major U.S.-based aircraft lessor, has delivered one Boeing 737-8 to Neos, the Italian leisure airline. This aircraft represents the third and final aircraft delivered to Neos from ACG’s existing order book with Boeing, completing a previously announced multi-aircraft lease agreement.
