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We are a leading global aircraft leasing company. Our principal activity is leasing and trading aircraft, with a clear focus on young commercial jet aircraft of the types most popular with our customers.

Every minute, an aircraft managed by SMBC Aviation Capital takes off or lands somewhere in the world. With the strength of our shareholders, we give our airline and investor customers access to an exceptionally broad range of financial solutions. We also provide investment and aircraft management services.

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Latest News

10/06/2019

SMBC Aviation Capital results for the year ended 31 March 2019

Record Revenue and Profitability Growth

Dublin, 11 June 2019: SMBC Aviation Capital (or the “Company”), one of the world’s leading aircraft leasing companies, today announces its results for the financial year ended 31 March 2019.

Key Highlights

  • Profit before tax a record $344 million for the financial year, an increase of almost 8% y/y
  • Record $1.1 billion of overall income from continuing operations
  • Continued focus on active portfolio management with the placement of 47 aircraft from our order book, the sale and leaseback of 40 aircraft and the sale of 30 aircraft
  • New technology aircraft now comprises 37% of our portfolio up from 22% in 2018 and 11% in 2017
  • Total aircraft assets stood at $11.9 billion (up from $10.3 billion)
  • Major aircraft order in December 2018 for 65 A320 NEO family aircraft for delivery between 2023-2025 to meet our future growth requirements
  • One of the lowest weighted average age portfolios in the industry of 4.16 years
  • S&P upgrade of credit rating to A-, the highest rating in the aircraft leasing industry
  • Strong shareholder confidence backed by recent $1 billion capital injection
  • A further $500 million bond issuance in the year

Commenting on the company’s performance, Peter Barrett, CEO, SMBC Aviation Capital said:

"This was a record year for revenue and profitability driven by our highly experienced and dedicated team who focused on delivering a positive customer experience for our airline and trading partners across the globe.

We maintained a well-balanced and managed aircraft portfolio which was supported by the announcement in December 2018 that we will take delivery of an additional 65 new A320 NEO aircraft between 2023 and 2025.This highlights our commitment to future growth with the most technologically advanced and fuel-efficient models in line with our customers’ specifications across the globe.

The year was also marked by our ability to maintain a robust and flexible balance sheet. Confidence in our strategy was evidenced by our shareholders following a substantial capital injection of $1 billion and by the market in our ratings upgrade which makes us the highest rated dedicated aircraft leasing companies in our sector.

We have also spent considerable time planning for the future, working closely with our customers to anticipate their needs. This is enabling us to differentiate ourselves from other lessors in the market and will serve to insulate us from any future challenges and, capitalise on opportunities that may arise.”

-ENDS-

MEDIA CONTACTS:

Orla Benson, SMBC Aviation Capital, Mobile: +353 86 047 4343

Ben Griffiths Powerscourt: +44 7753 464 637

ABOUT SMBC AVIATION CAPITAL:

SMBC Aviation Capital is one of the world’s leading aircraft lessors, with 86 airline customers in 40 countries. At 31 March 2019, the company owns, manages and is committed to purchase 729 aircraft. Established in 2001, the company was acquired in 2012 by a consortium comprising of two of Japan’s biggest companies SMFG and Sumitomo Corporation. For further information go to https://www.smbc.aero/

[1] – The financial and non-financial metrics disclosed for the period relate to SMBC Aviation Capital’s Irish entity and its subsidiaries

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04/06/2019

SMBC Aviation Capital delivers Boeing 787 to Avianca

Seattle, May 30th, 2019: SMBC Aviation Capital is pleased to announce the delivery of one (1) Boeing 787-9 aircraft (MSN 43983) equipped with Trent 1000 engines to Avianca.

Delivery occurred while the aircraft and the associated engines were located at Boeing facilities, Seattle, USA.

This aircraft is the first delivery of a three (3) B787-9 sale and lease back PDP financed transaction with the airline. The second and third aircraft are expected to deliver in 2021

-ENDS-

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Fast Facts


730+ Aircraft


Average fleet age of 4.3 years


We have A- (Fitch) and A- (S&P) ratings


We have over 18 years experience

Our fleet strategy

Our strategy is to focus on the most modern, efficient and desirable aircraft types, working closely with our airline and investor customers to meet their specific requirements. Our portfolio of 425 owned and managed aircraft has a weighted average age of just 4.3 years, one of the youngest fleets in the commercial aircraft operating lease industry.

Our remaining order book of 144 Airbus A320neo, 30 Airbus A321neo and 89 Boeing 737max are some of the most advanced aircraft in the world. While our focus is primarily on narrowbody aircraft, we also invest in the most technologically advanced widebody aircraft, including the Airbus A350 and Boeing 787 families of aircraft.

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Careers

We offer excellent career opportunities, whether you're a seasoned professional or a bright, capable, ambitious young graduate. Our well-structured two-year graduate programme is open to people with a variety of skills.

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