airBaltic, Latvia’s national carrier, has launched a new direct service connecting Riga (RIX) with Faro (FAO) in southern Portugal, expanding its footprint in one of Europe’s most popular leisure regions. The route, operated once weekly on Saturdays, marks airBaltic’s fourth Portuguese destination after Lisbon, Porto, and Madeira, which will be added later in 2025. The inaugural flight has a scheduled block time…
Amedeo, the Dublin-based aircraft leasing specialist, has finalized the sale of two Airbus A380-861 aircraft to Emirates, marking an important milestone in fleet management and aviation leasing. The deal represents the first phase of a planned four-aircraft transaction, reflecting a broader strategic collaboration between lessor and airline.
JLPS Ireland has announced the appointment of Colin Joyce as its new Chief Executive Officer, effective 1 October 2025. Joyce, a Chartered Accountant with more than 25 years of experience in aviation finance and leasing, returns to the company he helped establish in 2019.
SMBC Aviation Capital has completed the delivery of two Airbus A320neo aircraft to Royal Jordanian Airlines, marking the beginning of an important partnership between the Dublin-based lessor and the flag carrier of Jordan.
SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, has announced the successful close of its second Japanese-focused investment fund, GAEL II (Global Aviation Equipment Leasing). The fund, finalized on 20 August 2025 in Dublin, raised equity capital from 14 Japanese financial investors to acquire a portfolio of eight aircraft from SMBC Aviation Capital’s portfolio.
Avolon, a leading global aviation finance company, has completed the delivery of the first of six Boeing 737-8 MAXaircraft under a sale and leaseback arrangement with Virgin Australia. The handover, announced on 21 August 2025 in Dublin, marks another milestone in the long-standing relationship between the lessor and the Australian carrier, which dates back to 2011.
SMBC Aviation Capital has completed the delivery of its second Airbus A321-271NX to Air New Zealand Limited, finalizing a two-aircraft transaction between the Dublin-based lessor and the New Zealand flag carrier. This latest aircraft is powered by a pair of IAE PW1133G-JM geared turbofan engines, known for their fuel efficiency and reduced emissions, and represents a further enhancement to Air New…
Six West Aviation, a global provider of aviation services headquartered in Ireland, has announced the promotion of Aine Scully to the position of Chief Executive Officer. Scully’s appointment reflects the company’s continued investment in internal leadership development and strategic expansion across key operational areas.
Avolon has reported a 36% increase in net income for the first quarter of 2025, reaching US$145 million, alongside a 10% rise in lease revenue to US$683 million. The Ireland-based lessor also confirmed a robust liquidity position of US$8.1 billion, reinforcing its financial strength amid a steadily recovering aircraft leasing market.
Avolon has successfully completed a new US$1.1 billion senior unsecured facility, structured evenly between a drawn loan and a revolving credit facility, with a tenor of five years. The move bolsters Avolon’s already significant liquidity position and underlines continued strong access to the capital markets.
