Cargojet Airways, the Canadian cargo airline, has expanded its freighter fleet with the delivery of a Boeing 767-300ERF, bearing serial number 29383. The aircraft is equipped with CF6-80C2B6F engines, known for their robust performance and reliability in freighter operations.
Avation, the Singapore-based leasing company, has announced the delivery and sale of a new ATR72-600 to an undisclosed airline in the Caribbean. The transaction resulted in approximately $5 million in net cash proceeds, marking a successful and profitable disposal for the lessor.
Air Montenegro has entered into a long-term lease agreement for an Embraer E195 regional jet, bearing serial number 19000184, reinforcing its commitment to fleet modernization and route expansion. The lease aligns with the carrier’s broader goal of maintaining a flexible and efficient fleet to meet rising passenger demand.
Jazeera Airways, the low-cost carrier based in Kuwait, is actively pursuing longer-range narrowbody aircraft to expand its network and enhance operational flexibility. The airline is in discussions with lessors to acquire Airbus A321LR and A321XLR jets and is also evaluating Embraer’s E2 family, while currently ruling out widebody acquisitions.
Aviation Capital Group (ACG), a leading U.S.-based aircraft lessor, has announced the delivery of one Airbus A321neo to Wizz Air, the Hungarian ultra-low-cost carrier. This aircraft is the sixth unit delivered to Wizz under a multi-aircraft sale/leaseback agreement, further cementing the relationship between the two companies.
Avation, a Singapore-based aircraft leasing company, has entered into an agreement to sell a Boeing 777-300ER that is currently on lease to Philippine Airlines. The transaction is expected to be completed in the third quarter of 2025, representing a significant divestment from its widebody portfolio.
Arkia, an Israeli leisure-focused carrier, has announced plans to wet lease one A330-200 from GullivAir, a Bulgarian airline, for use during the summer 2025 season. This move allows Arkia to temporarily expand its widebody capacity in response to heightened seasonal demand.
Phoenix Aviation Capital, an Ireland-based aircraft leasing and finance company, has successfully closed a $300 million senior secured credit facility, reinforcing its financial capacity to support existing and future aviation asset transactions. The deal marks a strategic milestone as the company continues to expand its presence in the global aircraft leasing market.
AerCap, the world’s largest aircraft lessor, has been awarded over $1 billion by a UK High Court ruling, which found that insurers are obligated to cover losses related to aircraft stranded in Russia. The case stemmed from the aftermath of sanctions and countermeasures that left hundreds of leased aircraft unable to be repossessed by Western lessors following the invasion of…
AerDragon Aviation Leasing Company of China has entered into a significant financial transaction by securing a US$200 million debut unsecured syndicated facility. This three-year facility marks the company’s first foray into syndicated financing, providing a strategic boost for its leasing operations.
