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.
ACIA Aero Leasing, based in Ireland, reported a robust performance for the first half of 2025, marking significant growth in customer base and transaction volume. The lessor added five new customers, completed four aircraft and engine acquisitions, signed four new lease agreements, and executed the sale of eight aircraft. In addition, two new lending partners joined the company’s financing network, highlighting a…
Porter Airlines of Canada has finalized a sale-and-leaseback agreement for four Embraer E195-E2 aircraft scheduled for delivery in 2025. The financing arrangement is led by Fortress Investment Group (US) and GOAL Aircraft Leasing (Germany), with GOAL also acting as the lessor manager for the aircraft. Ashland Place Finance (US) is providing the associated debt financing.
Mikhail Minaev, the former fleet planning director at Aeroflot, is facing criminal charges over an alleged US$48.7 million fraud scheme related to aircraft leasing contracts. The case involves leasing transactions for 28 Airbus A320 and A321 aircraft signed between 2016 and 2018, when Minaev held a senior position in the airline’s fleet acquisition division.
WestJet, one of Canada’s leading airlines, has formally issued a request for proposals (RFP) for the operating lease and pre-delivery payment (PDP) financing of 46 Boeing 737 MAX aircraft. The RFP reflects WestJet’s aggressive forward-looking fleet expansion and renewal strategy as it seeks to modernize its narrowbody aircraft offering.
Aircastle, a global aircraft leasing company based in Ireland, has announced the successful pricing of US$650 million aggregate principal amount of 5.000% Senior Notes due 2030. The notes were priced at 99.306% of par, resulting in a yield that reflects current market demand for aviation-linked fixed-income products.
Volaris, Mexico’s leading low-cost airline, has taken delivery of a new Airbus A320neo, further advancing its ongoing fleet modernization program. The aircraft, serial number 12628, is powered by PW1127G-JM engines and has been delivered on lease from Jackson Square Aviation, a global aircraft leasing company based in the United States.
BeauTech, a U.S.-based aviation asset manager and leasing company, is actively evaluating financing opportunities, with particular interest in accessing the aviation asset-backed securities (ABS) market. The initiative reflects the company’s preparation for larger-scale transactions projected for the second half of 2025, which are expected to exceed the size and scope of its prior deals.
BOC Aviation, a leading global aircraft operating lessor headquartered in Singapore, has reported completing 75 total transactions in the second quarter of 2025. This includes a mix of aircraft purchases, deliveries, sales, and lease agreements, highlighting the company’s active market engagement and continued portfolio expansion.
