Leading aircraft lessor SMBC Aviation Capital has placed an order for 60 Airbus A320neo planes. This move has boosted SMBC's total order book for the A320neo Family to 181 aircraft.
About SMBC Aviation Capital
SMBC Aviation Capital is one of the world's leading global aircraft leasing companies. Their principal activity is leasing and trading aircraft, with a clear focus on young commercial jet aircraft of the types most popular with their customers. Their portfolio comprises over 700 owned and managed aircraft.
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The Airbus A320neo Family
The A320neo Family is a series of aircraft developed by Airbus. The 'neo' stands for 'New Engine Option'. These aircraft are known for their fuel efficiency and reduced noise levels, making them a popular choice among airlines.
Previous Orders and Deliveries
Previously, SMBC Aviation Capital had secured an order for 65 A320neo Family aircraft from Airbus. This deal was worth $7.47 billion and was previously listed as unidentified in their 2018 results. Additionally, SMBC had converted 15 A320neo on order to the larger A321neo. In August 2021, SMBC Aviation Capital announced the delivery of one Airbus A320-251N aircraft equipped with two CFM LEAP-1A26 engines to Aeroflot. This aircraft was the fifth and final unit delivered to Aeroflot as part of a 5x A320NEO family transaction with the airline, from SMBC's direct order with Airbus.
Conclusion
The recent order of 60 Airbus A320neo planes by SMBC Aviation Capital underscores the company's commitment to investing in modern, efficient, and desirable aircraft types. This move is expected to further strengthen SMBC's position as a leading global aircraft leasing company.
