Griffin Global Asset Management, an Ireland-based aircraft leasing company, has finalized long-term lease agreements with United Airlines for six new Boeing 737-9 aircraft, all of which were delivered during April and May 2025. The deal underlines Griffin’s strategic relationship with one of the world’s largest carriers and reflects growing demand for fuel-efficient narrowbody jets.
Phoenix Aviation Capital, an Ireland-based aircraft leasing and finance company, has successfully closed a $300 million senior secured credit facility, reinforcing its financial capacity to support existing and future aviation asset transactions. The deal marks a strategic milestone as the company continues to expand its presence in the global aircraft leasing market.
AerCap, the world’s largest aircraft lessor, has been awarded over $1 billion by a UK High Court ruling, which found that insurers are obligated to cover losses related to aircraft stranded in Russia. The case stemmed from the aftermath of sanctions and countermeasures that left hundreds of leased aircraft unable to be repossessed by Western lessors following the invasion of…
Tarom, the national airline of Romania, has firmed a lease agreement with Avolon, an Irish leasing company, for two additional Boeing 737-8 aircraft, serials 65548 and 65549. This move highlights Tarom’s ongoing fleet renewal efforts to enhance its competitiveness and operational efficiency.
Ryanair, one of Europe’s largest low-cost carriers, has announced the purchase of 30 new spare LEAP-1B engines from CFM International. The agreement strengthens the airline’s operational resilience and supports its growing fleet of B737-8200 aircraft.
Ryanair CEO Michael O’Leary is set to receive shares worth an impressive $111 million as part of a performance-based incentive program. The payout comes after the company met a significant performance target, signaling the airline’s robust operational and financial health despite industry challenges.
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, a prominent aircraft leasing firm based in Ireland, has completed the delivery of the first Airbus A320neo to Royal Jordanian, marking the start of an eight-aircraft lease agreement. The aircraft delivered carries serial number 12304, and its arrival signals the beginning of a phased fleet renewal effort for the Jordanian flag carrier.
Fitch Ratings, a prominent global credit rating agency, has assigned a long-term issuer credit rating of ‘A’ to CDB Aviation Lease Finance’s proposed fixed-rate senior unsecured US-dollar notes. The rating applies to the new tranche of debt instruments being issued under the company’s expansive funding programs, including its recently priced $700 million senior notes.
CDB Aviation Lease Finance, through its CDBL FUNDING 1 subsidiary, has successfully completed a dual-tranche offering of senior unsecured notes totaling $700 million. The transaction, finalized on 20 May 2025, is part of the company’s broader $3.0 billion Medium-Term Note (MTN) Program, which enables it to flexibly access capital markets and support ongoing fleet growth and lease portfolio expansion.
