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Avolon sells 33-aircraft portfolio to Lesha Bank as FTAI buys 27 WestJet 737-700s

Two separate aircraft transactions highlight continued investor activity in the secondary market: Avolon agreed to sell 33 leased Boeing and Airbus aircraft to Qatar’s Lesha Bank for $1.6 billion, while FTAI acquired 27 WestJet 737-700s, including jets intended for sale-leaseback and engine aftermarket activity.

Discovered 2026-09-29T00:36:00.725949-07:00 | 2026-09-29T00:36:00.725949-07:00

Briefing

What Hype is tracking

The transactions show contrasting secondary-market strategies: Lesha Bank is acquiring a diversified leased portfolio, while FTAI is combining aircraft ownership with engine aftermarket support.
Avolon’s portfolio is leased to 25 airlines globally, while FTAI’s deal accelerates WestJet’s 737-700 retirement and divides 17 aircraft into sale-leasebacks and 10 into engine-business support.
The cluster contains two distinct transactions rather than a single event; the common thread is the redeployment of midlife aircraft and related assets by specialist investors.

Reported By

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