Iberia, Spain’s flagship airline, has entered into wet-lease agreements to sustain its operations between Madrid and Santo Domingo as its own Airbus A330 fleet undergoes maintenance. The airline has leased an A330-300 from Wamos Air and an A330-900 from Iberojet, both based in Spain, to cover the temporary gap in capacity.
Bamboo Airways, a prominent Vietnamese airline, has entered into a wet-lease agreement with FlyOne, a Romanian carrier, for an Airbus A320. This arrangement became effective on December 13, 2024, and is expected to bolster Bamboo Airways’ operational capacity during peak travel periods.
Arkia Israeli Airlines, one of Israel’s prominent carriers, has entered into a wet-lease agreement with FLY LILI, a Romanian airline, to lease an Airbus A320 and an Airbus A321. This agreement is set to last until October 31, 2025, bolstering Arkia’s operational capacity for both domestic and international routes.
Spectre Cargo Solutions (US), through its Irish affiliates, has accused SpiceJet (India) of removing engines from leased Boeing 737 freighters (B737Fs) in what it claims is a breach of lease agreements. The allegations add to the ongoing challenges faced by SpiceJet regarding its leased aircraft management and operational practices.
Willis Lease Finance, a leading aircraft leasing and engine solutions provider based in the United States, has announced the appointment of Stephen Jones to its Board of Directors, effective 01 January 2025.
Spirit Airlines, a prominent low-cost carrier in the United States, has received approval from the US Bankruptcy Courtto complete the sale of 23 Airbus aircraft, comprising A320 and A321 models, to GA Telesis (GAT), a leading aviation solutions company. This transaction marks a significant development in Spirit Airlines’ restructuring efforts.
BBAM, a leading aircraft leasing company based in the United States, has leased a Boeing 737-800BCF (Boeing Converted Freighter), identified by serial 30696, to GOL (Brazil). This freighter will be used by GOL to support logistics operations for Mercado Libre, one of Brazil’s largest e-commerce platforms.
Aircastle, a US-based aircraft leasing company, has delivered the second of five planned A321neo aircraft to IndiGo, India’s largest airline by market share. The aircraft, identified as serial 12329, is powered by LEAP-1A32 engines, known for their efficiency and environmental benefits.
Aeroitalia, the Italian airline, has announced plans to wet lease an Embraer E175 from Marathon Airlines (France). The aircraft will be utilized for domestic routes in Italy, with operations scheduled between 30 March and 25 October 2025. This partnership enhances Aeroitalia’s fleet capabilities during a high-demand period, ensuring reliable service across its network.
Dubai Aerospace Enterprise (DAE), based in the UAE, has announced cash proceeds of approximately US$201 millionfrom settlements with selected insurance companies. The settlements relate to aircraft previously leased to airline carriers in Russia.
