04 Apr 2025
#1 April 2025: Irish Aircraft Leasing Newsletter
DAE Completes Boeing 737 MAX Delivery Mandate to Aeromexico
Dubai Aerospace Enterprise (DAE) has successfully completed the delivery of the sixth and final Boeing 737 MAX aircraft to Aeromexico, fulfilling its strategic delivery mandate. The deal comprised three 737-8s and three 737-9s from DAE’s orderbook. Over a decade-long partnership, DAE has delivered 20 Boeing 737 aircraft to Aeromexico, underscoring a long-standing relationship with the Mexican flag carrier.
High Ridge Aviation Delivers First Airbus A220-300 to Breeze Airways
High Ridge Aviation (HRA) has completed the delivery of its first Airbus A220-300 (MSN 55341) to Breeze Airways through a three-aircraft purchase-leaseback (PLB) arrangement. The aircraft was delivered in Mobile, Alabama, with the remaining two A220s set to follow in April. CEO Greg Conlon highlighted this transaction as HRA’s first collaboration with Breeze, reflecting the lessor’s expertise and growth focus in supporting emerging North American carriers.
Nordic Aviation Capital Sells E195 Airframe to Avtrade
Nordic Aviation Capital (NAC) has completed the sale of an Embraer E195 airframe to Avtrade, a UK-based aviation component services provider. The transaction is aligned with NAC’s ongoing asset management strategy and Avtrade’s commitment to aircraft teardown and component supply, particularly in the regional aircraft segment.
Stratos Delivers Converted A330-300 Freighter to MNG Airlines
Stratos has successfully delivered an Airbus A330-300P2F (MSN 1510) on a long-term lease to MNG Airlines, following a passenger-to-freighter (P2F) conversion at the EFW facility in Dresden, Germany. This marks Stratos’ first placement with MNG Airlines, with Marketing Director Camille Pousseur praising the collaboration and expressing confidence in further supporting MNG’s fleet growth amid expanding cargo demand.
Acumen’s Take
On DAE’s Completed Boeing 737 MAX Mandate with Aeromexico
This successful delivery of six Boeing 737 MAX aircraft demonstrates DAE’s consistency in fulfilling high-value delivery programmes for major airline partners. The balance of 737-8s and 737-9s provides fleet flexibility for Aeromexico as it continues to modernise and optimise capacity. Acumen sees this as a textbook example of long-term lessor-airline alignment.
On High Ridge Aviation’s A220 PLB with Breeze Airways
The A220’s rising popularity among low-cost and hybrid carriers makes this PLB agreement particularly timely. For High Ridge Aviation, the delivery to Breeze Airways is strategically significant, showcasing the firm’s ability to support fleet growth for next-gen operators. Acumen views this as a strong debut transaction for HRA in the U.S. narrow-body leasing space.
On NAC’s E195 Airframe Sale to Avtrade
The sale reflects NAC’s proactive asset lifecycle strategy as it continues to rebalance and monetise its portfolio through end-of-life asset optimisation. For Avtrade, this expands access to in-demand Embraer components, supporting the growing aftermarket and MRO ecosystem. Acumen sees this as a smart secondary market play in regional aviation.
On Stratos’ A330P2F Lease to MNG Airlines
Freighter conversions continue to gain momentum, and this A330-300P2F lease to MNG Airlines is indicative of rising demand for wide-body cargo aircraft. The collaboration between Stratos and MNG not only expands the carrier’s freighter fleet but also establishes a promising new leasing relationship. Acumen views this as a strategic placement in a buoyant air cargo market.
Acumen Aviation © 4 April 2025 All Rights Reserved
