La Caisse, formerly CDPQ, and SMBC Aviation Capital have announced the expansion of Maple Aircraft Company Holdings (MACH), their joint aircraft financing and leasing platform.
Following the early deployment of its initial US$1.5 billion commitment, the platform will double in size to US$3 billion and operate until December 2029. The expansion will increase its capacity to provide airlines with flexible financing for modern, fuel-efficient aircraft.
Since its launch in 2024, MACH has built a portfolio of 21 aircraft leased to 13 airline customers across 10 markets. SMBC Aviation Capital will continue to source transactions and service the platform.
“The successful deployment of MACH demonstrates the strength of our partnership with La Caisse and the continuing demand for flexible aircraft financing solutions,” said Barry Flannery, Chief Commercial Officer of SMBC Aviation Capital. “Expanding the platform with our trusted partner, La Caisse, positions us to build on this momentum and continue to support our airline customers worldwide with access to modern, fuel-efficient aircraft of the types that are most in demand.”
“MACH’s strong execution since 2024 demonstrates the value of bringing together specialized aviation expertise, deep industry relationships and patient long-term capital,” added Martin Longchamps, Executive Vice-President and Head of Private Equity and Private Credit at La Caisse. “With favourable long-term market dynamics and increasing demand for flexible financing solutions, MACH is well-positioned to expand its portfolio and capitalize on attractive opportunities across the aviation leasing market.”
