Egypt’s Red Sea Airlines has signed an agreement with SMBC Aviation Capital (SMBC) to lease two new Boeing 737 MAX 8 aircraft, with deliveries scheduled for July and August 2027, the airline said. The agreement was signed by Chief Executive Ahmed Shanan in the presence of Chairman and founder Hatem Kenawy and board members. The […]
Red Sea Airlines to lease two 737 MAX 8s Read More »
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
La Caisse and SMBC double leasing platform to US$3 billion Read More »
Boeing secured fresh commitments for up to 128 aircraft on the opening day of the Farnborough International Airshow, with SMBC Aviation Capital ordering 100 737 MAX jets and Riyadh Air expanding its 787 Dreamliner fleet. SMBC Aviation Capital ordered 60 737-10 and 40 737-8 aircraft, marking the lessor’s first purchase of the largest 737 MAX
Boeing wins 128-jet boost from SMBC and Riyadh Air Read More »
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 »
