TAROM, Romania’s national airline, has announced the signing of a Letter of Intent (LOI) to lease two additional Boeing B737-8 aircraft from Avolon, a leading aircraft leasing company based in Ireland. This agreement supports TAROM’s ongoing efforts to modernize its fleet and improve operational efficiency.
Porter Aircraft Leasing (Canada) has entered into sale and leaseback financing agreements with Avolon (Ireland)for four PW1921G engines. These engines are slated for delivery in 2025 and 2026 and will support Porter’s ongoing acquisition of E195-E2 aircraft.
Aircraft Leasing & Management (UK) has announced the sale of an Airbus A320, identified by serial number 4001, to elfc (Ireland). The aircraft remains subject to an existing lease with Avianca (Colombia), ensuring its continued operation within the Avianca fleet.
Aergo Capital (Ireland) has expanded its portfolio with the acquisition of an A320 family aircraft, bearing serial number 5660, from Deucalion Aviation (UK). The purchase was made on behalf of a managed client, with the aircraft currently on lease to Wizz Air (Hungary).
LCI (Ireland) and Sumitomo Mitsui Finance and Leasing (Japan) have successfully executed US$420 million in loan facilities, designated to fund social projects, including the acquisition of helicopters. This strategic collaboration highlights the increasing focus on financing projects that contribute to societal benefits, particularly in sectors such as emergency medical services and search and rescue operations.
Avolon (Ireland) CEO Andy Cronin has highlighted a persistent production shortfall by aircraft manufacturers as a key factor shaping the aviation industry. Cronin asserts that this imbalance in supply and demand will continue to drive robust profits for airlines and lessors for at least the next decade.
Nordic Aviation Capital (Ireland) has completed the sale of an ATR72-600 to Regourd Aviation (France), marking another successful transaction for the leading regional aircraft lessor. The ATR72-600 is a highly efficient turboprop, well-suited for regional operations and short-haul routes, making it a valuable addition to Regourd Aviation’s growing fleet.
Hamburg Commercial Bank (Germany) has announced that its Global Aviation division has provided structured portfolio financing to Pulsar Aero Global (Ireland) for the acquisition of five aircraft. The portfolio includes three Boeing 737-800s, one Airbus A321-200, and one Airbus A320-200, which are leased to operators across Latin America, Asia, and Europe for terms of up to five years.
AerFin (Ireland) has successfully completed the purchase and teardown of a Boeing 777-300ER previously operated by Japan Airlines (JAL). This acquisition marks another significant step in AerFin’s efforts to bolster its aftermarket inventory for widebody aircraft parts.
Abelo (Ireland) has modified its initial order with ATR for 10 ATR42 STOL aircraft, converting it into a combination of five ATR42-600 and five ATR72-600 models. This strategic adjustment reflects Abelo’s efforts to optimize its fleet for diverse operational requirements.
