Aircraft Engine Lease Finance Inc. (AELF) has acquired two Boeing 737-800 aircraft, both manufactured in 2015, from ICBC Aviation Leasing. The aircraft are currently on lease to Aerolineas Argentinas, marking AELFs first assets placed with the Argentine flag carrier.
The transaction, announced on December 16, 2025, from Chicago, represents the initial collaboration between AELF and ICBC. AELF, a U.S.-headquartered lessor with over a decade of experience, specializes in mid-life aircraft. It acquires leased assets and transitional aircraft, providing long- and short-term operating leases, sale-leasebacks, and customized structures to airlines worldwide.
These narrowbody jets remain in service with Aerolineas Argentinas under their existing lease terms. The deal aligns with AELFs strategy of targeting mid-life assets from large leasing platforms seeking to trade or phase them out.