AIP Capital, a U.S.-based aviation investment and asset management firm, is preparing for a substantial acquisition of Boeing 737 MAX aircraft, leveraging its $321 million pre-delivery payment (PDP) financing fund. This move forms part of AIP’s broader strategy to expand its aircraft portfolio and deepen its footprint in the global leasing space.
Willis Lease Finance Corporation, a U.S.-based leader in aviation leasing and asset management, has announced the appointment of Z. Clifton Dameron as Senior Vice President, General Counsel, and Corporate Secretary, effective immediately. Dameron succeeds Dean Poulakidas, who has stepped down from the role to pursue other opportunities.
Deucalion Aviation, a UK-based aircraft asset manager and lessor, has announced the successful delivery of a second Airbus A321 aircraft to Turkish Airlines under a long-term operating lease agreement. The aircraft, manufactured in 2014, is powered by IAE V2527-A5 engines and joins Turkish Airlines’ growing narrowbody fleet as part of its network expansion strategy.
AviLease, the Saudi Arabian aircraft leasing company, has announced its first direct order with Boeing, marking a significant milestone in its growth strategy. The deal includes a firm commitment for 20 Boeing B737-8 aircraft, along with options for an additional 10 units. This order signals AviLease’s long-term confidence in the demand for narrowbody jets and its ambition to…
Avolon, the Dublin-based aircraft lessor, has received credit rating upgrades from two leading international agencies, signaling enhanced confidence in the company’s financial strength and operational resilience. Fitch Ratings has raised Avolon’s long-term issuer default rating from BBB- to BBB, while Moody’s Investors Service upgraded its senior unsecured debt rating from Baa3 to Baa2. Both agencies assigned a stable outlook to the updated ratings.
AE Industrial Partners has announced the successful closing of its second aerospace leasing fund, AE Industrial Partners Aerospace Leasing Fund II, with total capital commitments reaching $418 million. This figure exceeded initial expectations, marking the fund as oversubscribed, and indicating strong investor interest in aviation-related assets despite ongoing volatility in global financial markets.
Freedom Airline, a regional carrier based in Kenya, has announced plans to expand its fleet by leasing two Embraer E190 aircraft and either an Airbus A320 or A321. This fleet strategy is part of the airline’s broader ambition to increase its capacity and enhance regional connectivity within East Africa and potentially beyond.
Avation, a Singapore-based aircraft leasing company, has executed a repurchase of $3.5 million face value in Senior PIK Toggle Notes due in 2026. These notes were issued as part of the company’s global Medium Term Note (MTN) program, aimed at raising flexible financing from capital markets.
Air Lease has announced impressive financial results for the first quarter of 2025, with total revenues rising 11.3% to reach $738.3 million, reflecting strong demand for leased aircraft amid a recovering global aviation market. More notably, net income increased 274.5%, climbing to $364.8 million, signaling robust profitability driven by a growing fleet and favorable lease terms.
JetBlue has sold its corporate venture capital division, JetBlue Ventures, to SKY Leasing, a U.S.-based aircraft leasing company. This strategic move is part of JetBlue’s broader plan to refocus on its core airline business amid its ongoing efforts to return to profitability.
