AFG Aviation Ireland Limited, a wholly owned subsidiary of Aircraft Finance Germany GmbH, has announced the successful acquisition of a used Airbus A320 aircraft, identified by manufacturer serial number (MSN) 5050, from Royal Air Charter Service Inc. The transaction highlights AFG’s continued commitment to asset growth and active portfolio management within the commercial aircraft leasing sector.
Avolon, one of the world’s leading aircraft leasing companies, has posted a strong performance for the second quarter of 2025, reporting a net income of $143 million, representing a 36% year-over-year increase. The lessor also reported lease revenue of $678 million, up 3% from the same quarter last year, and operating cash flow of $464 million, up 4%.
Avolon, the Dublin‑based aircraft lessor and one of the top global leasing firms, has placed a firm order with Airbus for 90 new aircraft — specifically, 75 A321neo single-aisle jets and 15 A330neo widebodies — with delivery scheduled through 2033.
Jackson Square Aviation (JSA) has successfully delivered a Boeing 737-800 to Jettime a/s, establishing its first leasing partnership in Denmark. This marks a significant milestone for JSA as it expands its customer base into the Nordic ACMI and charter market, with Jettime operating as a leading regional provider of tailored air services.
CDB Aviation has delivered a second Airbus A321-253NX to My Freighter LLC, which will operate the aircraft under the Uzbekistan-based airline Centrum Air. This delivery marks another key step in the expanding strategic partnership between the lessor and the carrier, aimed at supporting rapid aviation growth within the Uzbek market.
JP Lease Products & Services (Japan), in collaboration with JLPS Ireland, has finalized the acquisition of a new Airbus A350-900 through a sale and leaseback (SLB) transaction with Air France. The deal was financed with debt provided by the Commonwealth Bank of Australia, Tokyo Branch, reinforcing investor interest in high-spec widebody assets.
Garuda Indonesia has expanded its next-generation fleet with the delivery of a leased Boeing B737-8, bearing serial number 63386, and powered by LEAP-1B27 engines. The addition supports Garuda’s ongoing fleet modernization program aimed at improving efficiency, reducing emissions, and boosting profitability across its domestic and regional network.
Finnair, the flag carrier of Finland, will continue operating two Airbus A330 aircraft on a wet lease basis for Qantasuntil the end of the winter 2026 season, after which the leases will transition to dry lease arrangements. This decision comes as part of a mutually beneficial partnership between the two airlines, supporting Qantas’s long-haul operations amid evolving fleet requirements.
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd., has executed lease agreements with Zhejiang Loong Airlines Co., Ltd. (Loong Air) for six Airbus A321neo aircraft, with deliveries scheduled for 2027. The transaction reflects the two companies’ longstanding strategic relationship, spanning over a decade, and reinforces their mutual commitment to supporting China’s aviation development.
SmartLynx Airlines, a Latvia-based ACMI and charter specialist, has entered into a wet lease agreement with Vietnam Airlines, extending its growing presence in the Southeast Asian market. Although the aircraft type and duration of the agreement have not been disclosed, the deal signifies further expansion of SmartLynx’s global leasing footprint.
