AerCap Holdings entered into a purchase-leaseback transaction with American Airlines to finance up to 35 Boeing 737-800s, including 29 firm deliveries—26 of which were previously ordered—plus three new orders. The deal also covers six optional 737-800s, which, if exercised by the carrier, would be delivered in 2013-2014.

Cebu Pacific Air, now the largest airline in the Philippines, said Friday it signed six-year operating lease agreements with Dublin-based RBS Aviation Capital for two new Airbus A320 aircraft, which will be delivered in March 2012.

Dubai Aerospace Enterprise's DAE Capital aircraft leasing unit continues its dramatic climb down from its ambitious 2007 launch. It followed its recent Airbus order cancellations by axing orders for 35 Boeing 737NGs valued at $2.8 billion at list prices. Boeing confirmed the cancellation Friday.

AerCap Holdings had a busy second quarter in which it signed new lease agreements for 16 aircraft, delivered seven, purchased one Airbus A330 and one A320, and sold one A321 and one Boeing 737-400. It also inked contracts for the sale of another four aircraft from its owned portfolio (two A320s, one 737-300, one 757-200), and four aircraft from its managed portfolio (one 737-400, three 737-500s).

Air Lease Corp. announced that UK-based Thomas Cook Airlines signed long-term lease agreements for six new Airbus A321-200s powered by CFM56 engines. Two of the aircraft will be delivered in 2013 and four in spring 2014. The aircraft are part of ALC’s existing order book with Airbus, it said.

Boeing said Tuesday that 787 validation flights conducted in concert with Dreamliner launch customer All Nippon Airways have been successfully completed in Japan.

Israir took delivery of its first ATR 72-500 with a second of the type slated to arrive later this month. The Israeli carrier will deploy the two PW127M-powered turboprops seating 72 passengers on the Tel Aviv Sde Dov-Eilat route. The new aircraft will also enable the airline, a subsidiary of the IDB Tourism branch of IDB Holdings, to increase charter flights to other Mediterranean tourist destinations, it said.