SMBC Aviation Capital has finalised a US$1.7bn greenshoe upsize of its original US$2bn syndicated facility announced in February as part of the acquisition of Sumisho Air Lease Corporation. The upsizing brings the total transaction to US$3.7bn, with the additional capital to be used for general corporate purposes. A total of 33 financial institutions participated in […]
SMBC Aviation Capital upsizes facility to US$3.7bn Read More »
Air Lease has secured shareholder approval for its proposed acquisition, clearing a major hurdle towards the company’s sale to a new Dublin-based holding company. At a special meeting, holders of Air Lease Class A common stock voted to approve the previously announced merger agreement under which the aircraft lessor will be acquired by Sumisho Air
Air Lease shareholders back take-over deal Read More »
Aircraft lessor SMBC Aviation Capital as announced agreements with United Airlines for the purchase and lease-back of twenty Boeing 737 MAX 9 aircraft scheduled for delivery in 2025 and 2026. The deal marks the third significant transaction between the two companies in recent years. It follows earlier agreements that included the lease of 20 Airbus
SMBC Aviation Capital in new 737 MAX 9 agreement with United Read More »
SMBC Aviation Capital has delivered an Airbus A321-271NX (MSN 12932), powered by two IAE PW1133G-JM engines, to Wizz Air. The aircraft was handed over at the Airbus facility in Toulouse on November 20, and represents a landmark moment for the airline, marking its 250th fleet addition. This is the first delivery under a seven-aircraft sale-and-leaseback
SMBC Aviation Capital delivers Wizz Air’s 250th aircraft Read More »
SMBC Aero Engine Lease (SAEL) has finalised a sale-and-leaseback agreement with Frontier Airlines for five Pratt & Whitney PW1100G engines. The engines will be delivered in 2025 from Frontier’s existing spares orderbook, marking another milestone in the growing partnership between the two companies. Robert Fanning, Vice President of Fleet at Frontier Airlines, welcomed the agreement,
SAEL seals engine deal with Frontier Airlines Read More »
Sumitomo Corporation, SMBC Aviation Capital, Apollo, and Brookfield have announced their definitive agreement to acquire Air Lease Corporation (Air Lease), a aircraft lessor founded by Steven F. Udvar-Házy and John L. Plueger, with a portfolio primarily comprising new-technology aircraft. Upon completion, Air Lease will be renamed Sumisho Air Lease, a newly established entity. Apollo and
ALC announces merger with Sumitomo, SMBC, Apollo, Brookfield Read More »
SMBC Aviation Capital has signed a new lease agreement with AJet, the fully owned low-cost subsidiary of Turkish Airlines, for five Airbus A320neo aircraft. This latest deal further strengthens the leasing company’s long-standing relationship with Turkish Airlines, bringing the total number of aircraft placed with the group since 2022 to 25. The five A320neo aircraft,
SMBC Aviation Capital and AJet sign lease agreement for five Airbus aircraft Read More »
SMBC Aviation Capital has announced record results for the financial year ended March 31, 2025, posting a pre-tax profit of US$563 million, up 22% year-on-year before exceptional items. Including proceeds from the Russian insurance settlement, which totalled US$630 million during the period, profit before tax reached US$1.2 billion. Core lease rental income rose to US$2
SMBC Aviation Capital posts record profit and growth for FY2025 Read More »
SMBC Aviation Capital has announced a sale-and-leaseback (SLB) agreement with Arajet for five Boeing 737 MAX 8 aircraft, with deliveries scheduled across 2026 and 2027. This strategic agreement represents a significant milestone for both parties, as Arajet continues to expand its fleet and SMBC Aviation Capital reinforces its role as a key global player in
SMBC Aviation Capital and Arajet sign 737 MAX 8 SLB agreement Read More »
Aircraft leasing company SMBC Aviation Capital has announced the signing of lease agreements with Thai Airways for eight Airbus A321neo aircraft. The deal marks a significant step in Thai Airways’ narrow-body fleet expansion as the airline looks to strengthen its regional network. These aircraft are part of SMBC Aviation Capital’s direct order with Airbus and
Thai Airways to lease eight Airbus A321neos from SMBC Aviation Capital Read More »
