K2 Aviation (Ireland) has marked a significant milestone, successfully completing its first aircraft transaction. The company has finalized the novation of the lease for one Airbus A330-200, placing the widebody aircraft with Air Transat (Canada).
Avolon, a leading global aircraft lessor, has reported strong financial results for 2024, highlighting significant growth in revenue and profitability.
Dubai Aerospace Enterprise (DAE) has reported its full-year 2024 financial results, showing solid revenue growth and increased profitability. The company posted total revenue of $1.42 billion, while profit before tax reached $532.3 million, demonstrating strong financial resilience. As of December 31, 2024, DAE’s available liquidity stood at $3.78 billion, reinforcing its financial stability and investment capacity.
Aeromexico has strengthened its fleet with the addition of a Boeing 737-9, serial 66372, which has been acquired on lease and is powered by LEAP-1B28 engines. This latest addition aligns with the airline’s commitment to modernizing its narrowbody operations with next-generation aircraft designed for improved fuel efficiency and lower operational costs.
Somon Air, Tajikistan’s leading airline, has entered into an agreement with DAE Capital, a prominent leasing company based in the United Arab Emirates, to acquire two new Boeing 737-8 aircraft. These aircraft are slated for delivery in 2026, marking a significant step in Somon Air’s fleet modernization and expansion strategy.
FlyCAA (Congo) is set to become the first African airline to operate an A321-200PCF, as serial 808 is scheduled for delivery soon. The aircraft is being leased from Cargo Aircraft Management (US), marking a significant milestone in the African cargo aviation sector.
Camair-Co (Cameroon) has strengthened its fleet by adding a Boeing 737-700, serial 29346, on wet lease from Smartwings (Czechia). This aircraft will help the airline enhance operational flexibility and meet growing demand across its network.
Fitch Ratings (US) has assigned A-1 Notes ‘Asf (EXP)’ and B-1 Notes ‘A-sf (EXP)’ ratings to AASET 2025-1, a securitization backed by lease payments and disposition proceeds from a pool of 23 passenger aircraft. These aircraft are operated by third-party lessees, ensuring diversified exposure across multiple carriers.
Azul (Brazil) has successfully completed the restructuring of its financial obligations, reaching agreements with bondholders, lessors, and OEMs. The carrier also closed its $525 million Floating Rate Superpriority Notes offering, due 2030, significantly improving its financial stability.
Aircastle (Ireland) has successfully priced $500 million in 5.250% Senior Notes due 2030, issued at 99.171%. This move strengthens the aircraft lessor’s financial position and provides long-term capital for its global leasing operations.
