AerCap Holdings N.V. delivered the first new GE Aerospace-powered Boeing 787-9 to Thai Airways International Public Company Limited (THAI) on June 23, 2026, at the Boeing Delivery Center in Everett, Washington. The Delivery marks the initial phase of a broader 17-aircraft lease agreement signed in early 2024 to support the carrier’s post-pandemic fleet modernization.

In a press release issued Tuesday, AerCap confirmed the handover of the widebody aircraft. The delivery is intended to enhance operational efficiency and expand network capabilities for the Bangkok-based Airlines, which currently operates in 29 countries across 62 destinations.

Fleet renewal and lease agreements

The newly delivered Boeing 787-9 is part of a comprehensive lease package finalized between AerCap and Thai Airways in February 2024. That agreement encompassed 17 aircraft in total, including three Boeing 787-9s, four Airbus A350-900s, and ten Airbus A321neos.

AerCap Chief Commercial Officer Peter Anderson noted the decades-long relationship between the lessor and the airline.

“We are pleased to deliver THAI their first new GE-powered, factory-fitted Boeing 787-9,” Anderson said. “This aircraft will support THAI’s ongoing fleet renewal program, enhancing efficiency and sustainability across its operations.”

Thai Airways Chief Executive Officer Chai Eamsiri emphasized the operational benefits of the new equipment. Eamsiri stated that the aircraft’s efficiency and range will allow the carrier to grow its network while providing a modern passenger experience.

Bridging the widebody capacity gap

The induction of leased 787-9s from AerCap fits into a wider widebody acquisition strategy for Thai Airways. In January 2026, the airline confirmed negotiations to lease 10 Boeing 787-8 aircraft from Avolon. Those airframes, formerly operated by China Southern Airlines, are intended to bridge a capacity shortfall until Thai Airways begins receiving direct Boeing 787 deliveries scheduled for 2028.

AerCap, which serves approximately 300 customers globally, continues to position itself as a primary provider of next-generation widebody lift for legacy carriers executing post-pandemic network restorations.

AirPro News analysis

We view Thai Airways’ multi-lessor approach to widebody Acquisitions as a pragmatic response to ongoing global supply chain constraints and delayed original equipment manufacturer (OEMs) delivery schedules. By securing both new-build 787-9s from AerCap and mid-life 787-8s from Avolon, the carrier is effectively insulating its near-term network expansion plans from further manufacturing delays at Boeing. The selection of GE Aerospace engines for the new 787-9s also indicates a strategic alignment in powerplant maintenance and operational planning as the airline standardizes its future long-haul fleet.

Sources: AerCap Holdings N.V.

De Havilland Aircraft of Canada Limited delivered the first of two DHC-6 Twin Otter Classic 300-G aircraft to Airlines (ET) on June 18, 2026, initiating a fleet expansion aimed at connecting remote and underserved regions across East Africa.

The delivery, announced in a press release by the Manufacturers, follows a purchase agreement signed during the Paris Air Show on June 17, 2025. The new aircraft will allow the carrier to access airstrips unsuitable for larger regional aircraft, supporting tourism, economic development, and essential air services.

Expanding domestic connectivity

Ethiopian Airlines currently serves 22 domestic destinations using its fleet of De Havilland Canada Dash 8-400 aircraft. According to reporting by Aviation Week, the introduction of the Twin Otter Classic 300-G will enable the airline to increase its domestic network to 26 destinations.

The short takeoff and landing (STOL) capabilities of the Twin Otter allow it to operate in challenging environments and on unpaved runways. The airline plans to deploy the newly delivered aircraft, registered as C-FHYC, to new airports including Debre Markos, Negele Boran, and Gore.

“The Delivery of our first Twin Otter Classic 300-G is an important milestone in our regional growth strategy. This aircraft will enable us to better serve remote areas while supporting tourism, economic development, and essential air services throughout the region,” stated Mesfin Tasew, Group Chief Executive Officer of Ethiopian Airlines.

Aircraft specifications and delivery timeline

The Classic 300-G is the latest iteration of the DHC-6 Twin Otter platform. De Havilland Canada designed the updated model with a lighter airframe to increase payload capacity and improve fuel efficiency. The flight deck features a modern Garmin G1000 integrated Avionics suite, while the cabin includes new lightweight seats and enhanced electrical systems.

The aircraft can be configured for multiple mission profiles, including passenger transport, Cargo-Aircraft operations, humanitarian aid, and medical evacuation. The second Twin Otter Classic 300-G ordered by Ethiopian Airlines is scheduled for delivery in late 2026.

“The Twin Otter’s proven reliability, versatility, and ability to operate in challenging environments make it well suited to the diverse missions Ethiopian Airlines will undertake across the region,” said Ryan DeBrusk, Vice President of Sales and Marketing for De Havilland Canada.

AirPro News analysis

We view Ethiopian Airlines’ acquisition of the Twin Otter Classic 300-G as a pragmatic approach to regional connectivity in East Africa. While the Dash 8-400 serves as the backbone of the carrier’s domestic operations, its runway requirements limit access to smaller, unpaved, or geographically constrained airstrips. By integrating the DHC-6 Twin Otter, Ethiopian Airlines bridges the gap between major regional hubs and remote communities. This fleet diversification aligns with the airline’s broader strategy to stimulate local economic development and tourism by ensuring reliable air links to areas previously inaccessible by Commercial-Aircraft transport.

Sources: De Havilland Aircraft of Canada Limited

Air Montenegro has finalized the $11 million purchase of an Embraer E195, transitioning the 118-seat Commercial-Aircraft from a dry lease arrangement to full ownership. The transaction secures the airframe for the national carrier and eliminates future lease payments for the asset.

In a company statement published in mid-June 2026, Air Montenegro announced that the Acquisitions brings its fully owned fleet to three aircraft. The airframe, registered as 4O-AOE, initially entered service with the airline on July 4, 2025, operating under a dry lease agreement before the carrier opted to purchase it outright.

Financial structure and government approval

According to reporting by Montenegrin news outlet Vijesti, the Airlines negotiated an $11 million purchase price for the aircraft. Air Montenegro Director Vuk Stojanović told the publication that the carrier secured additional financial benefits during the negotiation process. The airline received an exemption from lease payments for April and May 2026, which reduced the total arrangement value by more than $300,000.

Stojanović noted that the airline has been highly satisfied with the aircraft’s operational reliability since its integration into the fleet alongside the company’s two other owned Embraer E195s.

The acquisition required formal authorization from the state. Regional aviation portal EX-YU Aviation News reported that Air Montenegro submitted the purchase proposal to the relevant government ministry on March 3, 2026. Chairman of the Board of Directors Tihomir Dragaš stated that the board approved the proposal following a comprehensive analysis confirming the investment’s economic viability. The Government of Montenegro subsequently granted its consent to the transaction.

Fleet strategy and capacity planning

The transition from leased to owned assets aligns with Air Montenegro’s broader Strategy to reduce reliance on external capacity providers. By building an in-house fleet, the carrier aims to lower long-term operational costs, increase agility, and improve financial stability.

The airline is actively preparing for further capacity growth to support its summer network. A fourth Embraer E195 is expected to join the fleet soon. This additional aircraft is currently undergoing maintenance in Germany and will be introduced under a lease agreement rather than direct ownership.

AirPro News analysis

We view Air Montenegro’s shift toward owned assets as a necessary stabilization measure for a young national carrier. The regional aircraft leasing market remains constrained, and securing owned lift insulates the airline from escalating lease rates. While the upcoming fourth aircraft will rely on a lease structure, establishing a core owned fleet of three Embraer E195s provides a predictable cost baseline for year-round operations and reduces exposure to the volatile wet-lease market.

Sources: Air Montenegro