01 Mar 2025

#1 March 2025: Irish Commercial Aircraft Update

​​This update compiles key movements and transactions in the Irish commercial aviation sector, highlighting significant aircraft deliveries, transfers, and fleet expansions. Information is sourced from highly regarded platforms, including:

• Chris Witt/Skyliner: http://www.skyliner-aviation.de/
• Dublin Movements Blog: http://notam-ireland.blogspot.ie/
• Planespotters.net: http://www.planespotters.net/

Notable Aircraft Deliveries & Fleet Expansions

Aviation Capital Group (ACG) Delivers Two Boeing 737-8 MAX Aircraft to Air India Express

ACG has handed over two Boeing 737-8 MAX aircraft to Air India Express as part of a multi-aircraft sale-leaseback agreement. These modern aircraft enhance the airline’s fleet efficiency and fuel economy.

SMBC Aviation Capital Leases Eight Airbus A321neo Aircraft to Thai Airways

Thai Airways has secured eight Airbus A321neo aircraft from SMBC Aviation Capital, with deliveries planned for 2026 and 2027. This fleet expansion aims to bolster the airline’s regional network with fuel-efficient narrowbody aircraft.

Air Greenland to Receive Airbus A320neo from Carlyle

Air Greenland has entered into a six-year lease for an Airbus A320neo, scheduled for delivery in December 2026. This aircraft will support new routes, including a direct connection between Ilulissat and Copenhagen.

Vietnam Airlines Launches Direct Ho Chi Minh City-Beijing Route

Vietnam Airlines will commence a new direct service between Ho Chi Minh City and Beijing on March 30, operating five times weekly with an Airbus A321neo. The route expansion reflects the growing travel demand between Vietnam and China.

Leasing & Asset Management Transactions

AELF Leases Third Boeing 737-800 to FlySafair

AELF has leased a third Boeing 737-800 to FlySafair, backed by financing from Investec Bank Limited. This transaction aligns with AELF’s strategy to grow its narrowbody leasing portfolio.

Nordic Aviation Capital (NAC) Shareholders Approve Acquisition by Dubai Aerospace Enterprise (DAE)

NAC shareholders have approved the company’s acquisition by DAE in a deal valued at over $2 billion. The transaction, expected to close in early 2025, includes NAC’s outstanding debt and marks a significant industry consolidation.

BOC Aviation Signs Lease Agreement with Arajet for Five Boeing 737-8 Aircraft

BOC Aviation has finalised a lease deal with Arajet for five Boeing 737-8 aircraft, slated for delivery in 2026 and 2027. This agreement supports Arajet’s fleet expansion and route network growth.

Freighter Conversions & Cargo Fleet Developments

Boeing Delivers 100th 767-300BCF to SF Airlines

Boeing has handed over its 100th 767-300 Boeing Converted Freighter (BCF) to SF Airlines, reinforcing the aircraft’s role as a key player in the cargo sector. The aircraft was converted at GAMECO and features a commemorative emblem.

Airbus A321XLR with Pratt & Whitney Engines Receives EASA Certification

The Airbus A321XLR powered by Pratt & Whitney GTF engines has received EASA Type Certification, clearing the way for its entry into service. The aircraft is expected to enhance transatlantic narrowbody operations with increased fuel efficiency.
 

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