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Lessor SMBC Adds 65 A320neo Family Aircraft

 

Leading aircraft lessor SMBC Aviation Capital has boosted its total A320neo Family orders to 181 aircraft after signing a for an additional 65 A320neo Family aircraft. The order, for 50 A320neos and 15 A320neos, was finalised in 2018 and included in the year-end order figures.

In addition, the agreement includes an upsizing of 15 A320neo from a pre-existing order to 15 A321neos, taking SMBC Aviation Capital’s total for the type to 30.

Peter Barrett, chief executive of SMBC Aviation Capital said: “Demand for the latest technology aircraft has been strong both from our existing and new customers, hence our decision today to proceed with this order. In the current environment, airlines are seeking more fuel-efficient aircraft. The make-up of our order book positions us very well for the future to deliver on those needs. We have a strong relationship with Airbus and we look forward to working with them to continue to deliver for our customers long into the future,”

Christian Scherer, Airbus’ chief commercial officer, added: “As one of the world’s leading aircraft lessors, SMBC Aviation Capital’s repeat order demonstrates its financial astuteness in making wise investments in the A320neo Family. In 2018, the direct leasing market represented over 30% of our 800 worldwide deliveries – as much as Europe and the Americas combined,”

Photo: Airbus

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