SMBC Aviation Capital orders 80 Boeing aircraft in US$8.5bn deal

SMBC Aviation Capital, the world’s third largest aircraft lessor, announces that it has placed a firm order for 80 Boeing 737 MAX 8 aircraft in a deal worth around US$8.5bn at list prices. The deal is the largest single order of 737 MAXs by a lessor and the largest Boeing order of any kind from a Japanese-owned lessor. The aircraft will be powered by the CFM LEAP engine and will be delivered to SMBC Aviation Capital between 2018 and 2022.