Lesha Bank moves on aircraft lessor Amedeo Air Four Plus

Lesha Bank’s aircraft leasing play: Qatar’s Lesha Bank is acquiring aircraft lessor Amedeo Air Four Plus through its wholly owned subsidiary LAC 10 in an agreement valued at around GBP 190 mn in equity. LAC 10 is offering 73 pence a share, with completion expected in 3Q 2026.

Widebody step-up: The acquisition makes the Qatari bank a bigger player in long-haul aircraft leasing, as Amadeo Air owns 12 widebodies — six A380s, two 777-300ERs, and four A350-900s.

Mawani expands shipping services at Jeddah

Mawani adds two Asia strings at Jeddah: The Saudi Ports Authority (Mawani) has added two liner services at Jeddah Islamic Port — the SE4 service operated by German carrier Hapag-Lloyd and the AE19 run by Danish Shipping Giant Maersk. Both loops deploy vessels of up to 17k TEU and link Jeddah with major Asian hubs including Shanghai, Ningbo, Qingdao, Xingang, Busan, and Tanjung Pelepas.

Turkish Airlines posts stronger 4Q as FY net income slips

Turkish Airlines reported a 23% y-o-y increase in its bottom line from main operations to USD 534 mn in 4Q 2025, according to a press release. The carrier’s top line rose 12% y-o-y to USD 6.3 bn.

The full year delivered a stronger top line. Inflationary pressures and engine issues drove the carrier’s bottom line from main operations to USD 2.2 bn in FY 2025, while its revenues rose 6.3% y-o-y to USD 24 bn during the same period, which management attributed to rising passenger operations.

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