SMBC Aviation Capital orders additional CFM LEAP-1A engines

SMBC Aviation Capital, the world’s third largest aircraft leasing company, has ordered ten CFM International LEAP-1A engines to power five additional Airbus A320neo aircraft. The engine order is valued at US$140m at list price. This is a follow-on to SMBC Aviation Capital’s initial LEAP-1A order for 60 engines that the company announced at the 2015 Paris Air Show in June 2015 and the aircraft are part of 2014 Airbus order. A long-time CFM customer, Dublin-based SMBC Aviation Capital currently has a fleet of more than 350 aircraft powered by CFM56 and LEAP engines in service or on order.