Aircastle has announced its financial results for the fiscal first quarter of 2025, revealing a total revenue of $260 million. The company achieved a net income of $49 million, demonstrating continued profitability in its aircraft leasing operations despite ongoing global macroeconomic challenges.
WestJet, Canada’s second-largest carrier, has received a Boeing 737-800, serial number 41353, on lease, further expanding its narrowbody fleet. The aircraft is powered by CFM56-7BE engines, produced by CFM International, and is expected to support domestic and transborder operations.
United Nigeria Airlines, a fast-growing Nigerian carrier, is in the process of acquiring six Boeing 737-800 aircraft to support its strategic expansion across domestic and regional markets. The move signals the airline’s intent to significantly scale its capacity and route offerings in West and Central Africa.
Total Linhas Aéreas, a Brazilian cargo operator, is offering one Boeing 737-400F for lease under an ACMI (Aircraft, Crew, Maintenance, and Insurance) arrangement, with a minimum lease term of three months. The offer targets customers seeking short-term cargo lift solutions, particularly in Latin America and potentially other underserved regional markets.
Pattaya Airways, a Thailand-based regional cargo carrier, is preparing to induct its third aircraft, an ATR72-500F, into its fleet under a dry lease agreement during Q2 2026. The airline is also actively soliciting offers for additional leased aircraft, signaling an expansion strategy in response to rising regional cargo demand.
Malawi Airlines is undergoing a fleet renewal initiative with the addition of a Boeing 737-700, bearing serial number 30726, as it simultaneously phases out an older B737-700 with serial number 33787. The newly delivered aircraft is owned by Dara Aviation, an Ireland-based leasing firm, while the outgoing aircraft was previously owned by Ethiopian Airlines.
LuminArx Capital Management, a U.S.-based investment firm focused on aviation assets, has revealed its intention to expand its aircraft portfolio from 16 to 50 aircraft in the near term. The firm is also preparing to enter the pre-delivery payment (PDP) financing space, along with establishing lending vehicles for other lessors, signaling a more comprehensive strategy in aircraft finance.
Graysky Aviation Capital, a U.S.-based aircraft lessor, has expanded its portfolio through the acquisition of eight Boeing 737-800 aircraft formerly operated by WestJet of Canada. The deal was executed in cooperation with LuminArx Capital Management, a U.S.-based investment firm.
Falko, a UK-based aircraft asset manager focused on regional aircraft, has disclosed its second-quarter 2025 portfolio activity, highlighting ongoing leasing and sales efforts across its global customer base. As of 30 June 2025, Falko’s managed fleet stood at 211 aircraft, leased to 37 customers in various regions worldwide.
Condor, the German leisure airline, has expanded its fleet with the delivery of an Airbus A320, bearing manufacturer serial number (MSN) 5661. The aircraft is powered by CFM56-5B4/3 engines and was acquired on lease, aligning with the airline’s strategy to maintain operational flexibility and respond to seasonal demand.
