AFG Aviation Ireland Limited (AFG) has announced the appointment of Imtiaz Khot as Senior Vice President – Commercial. Khot brings extensive experience in airline marketing, aircraft transactions, and structured leasing agreements, following a distinguished career spanning over two decades in the aviation industry.
BOC Aviation, a leading Singapore-based global aircraft leasing company, has announced the appointment of Wen Lanas its new Chief Financial Officer (CFO), effective March 1, 2025. She succeeds Wu Jianguang, who is retiring after a tenure overseeing the company’s financial operations.
Silver Airways and Seaborne Virgin Islands, both operating under bankruptcy proceedings, have filed a court request to extend agreements with aircraft lessors beyond the current 60-day period. The airlines seek additional time to finalize the sale of their assets, ensuring a structured transition amid financial restructuring efforts.
Crestone Air Partners, a U.S.-based aircraft asset management and leasing firm, has expanded its executive leadership team with the appointment of Jason Greenberg as Chief Legal Officer and General Counsel and Bernadette Ryan as Vice President of Contracts. These additions strengthen the company’s legal framework and contractual operations, reinforcing its commitment to structured growth and operational excellence.
Aviation Capital Group (ACG), a leading global full-service aircraft asset manager, has announced the delivery of one Boeing 737-8 aircraft to Air India Express. This aircraft, equipped with CFM International LEAP-1B engines, marks the fifth delivery in a series of multiple-aircraft sale-leaseback transactions between ACG and Air India Express.
Avation PLC, a Singapore-based commercial passenger aircraft leasing company, has announced an agreement to acquire an Airbus A320 aircraft currently leased to Etihad Airways. This strategic acquisition is expected to finalize in March 2025, subject to customary closing conditions, and is set to enhance Avation’s narrow-body aircraft portfolio while diversifying its revenue streams.
Avation PLC, a Singapore-based commercial passenger aircraft leasing company, has released its unaudited financial results for the six months ended December 31, 2024. The company reported a profit after tax of US$868,000, marking a significant turnaround from the loss recorded in the same period last year.
BOC Aviation Limited, a Singapore-based aircraft leasing company, has announced the purchase of five Boeing 737-8 aircraft from The Boeing Company. These aircraft will be leased on a long-term basis to Arajet S.A., a low-cost carrier based in the Dominican Republic. The deliveries are scheduled for 2026 and 2027, and all aircraft will be powered by CFM LEAP-1B engines.
Nordic Aviation Capital (NAC), the leading regional aircraft lessor based in Ireland, has finalized its acquisition by Dubai Aerospace Enterprise (DAE) following shareholder approval. This strategic acquisition was first announced last month and has now been officially ratified, marking a significant expansion for DAE into the regional aircraft leasing market.
SalamAir is taking steps to expand its fleet, formally requesting 10 Airbus A320 aircraft from multiple leasing companies. This initiative is a key part of the airline’s strategic growth plan for the next five years, aimed at increasing capacity and meeting rising passenger demand.
