News

09/12/2019

SMBC Aviation Capital delivers third Airbus A320neo to JetSMART

Hamburg, December 6th 2019: SMBC Aviation Capital is pleased to announce the delivery of one (1) Airbus A320neo (MSN 9356) to Chilean airline JetSMART. The delivery occurred while the Aircraft and associated engines were located at the Airbus facility in Hamburg, Germany.

This is the third aircraft that SMBC Aviation Capital has delivered to JetSMART as part of a five (5) plus three (3) A320neo transaction with the airline from our direct order with Airbus.

After a Chilean Woodstar and a James' flamingo this latest aircraft features a Bubo Magellanicus on the tail fin - Click here for more on the Bubo Magellanicus

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02/12/2019

SMBC Aviation Capital places six A321neo aircraft with Scoot

December 2nd 2019: SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, has today announced that it has signed its first deal with new customer Scoot, the low-cost arm of Singapore Airlines. The transaction involves the placement of six new A321neo aircraft with Scoot, with the aircraft scheduled to be delivered from the end of 2020 through 2021. The aircraft will be powered by Pratt & Whitney’s PurePower® PW1100G-JM engines.

Lee Lik Hsin, CEO of Scoot, said: “We look forward to receiving the A321neo aircraft from SMBC Aviation Capital; the aircraft will rejuvenate our fleet and enable us to meet our double-digit growth plan in the coming years.”

Peter Barrett, CEO of SMBC Aviation Capital, said: “We are very pleased to conclude this transaction with new customer Scoot as we further expand in this region. We look forward to working with Scoot on the delivery of these aircraft over the coming years and value the airline as one of our new customers.”

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For more information please contact:

Conor Irwin/Orla Benson, SMBC Aviation Capital: +353 87 3816106

About Scoot

Scoot is the low-cost arm of the Singapore Airlines Group. Scoot took to the skies in June 2012 and merged with Tigerair Singapore in July 2017, retaining the Scoot brand and positioning it well for a new chapter of growth. Scoot has carried over 65 million guests and now has a fleet of 20 state of the art, widebody Boeing 787 Dreamliners and 28 young and modern Airbus A320 family aircraft, with two more Boeing 787 Dreamliners, 31 Airbus A320neo and 16 A321neo aircraft on order. Scoot’s network presently encompasses 68 destinations across 15 countries, with six more Indonesia destinations to join the network by the second half of 2020. Book your tickets at FlyScoot.com or contact our Call Centre. Find out more on FlyScoot.com, Facebook.com/FlyScoot, Instagram.com/FlyScoot, and Twitter.com/flyscoot.

About SMBC Aviation Capital

Based in the IFSC in Dublin Ireland, SMBC Aviation Capital is one of the world’s leading aircraft leasing companies, with 83 airline customers in 37 countries. At 30 September 2019, the company owns, manages and is committed to purchase 717 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/

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29/11/2019

SMBC Aviation Capital closes US$1 billion loan facility with the Japan Bank for International Cooperation

Dublin, November 29, 2019: SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, today announced that it has closed a US$1 billion loan facility with the Japan Bank for International Cooperation (“JBIC”).

The facility has a 10 year term and will be used to finance a proportion of SMBC Aviation Capital’s order book with Airbus and Boeing in the coming years. JBIC is a policy-based Financial Institution owned by the Japanese government which promotes the overseas development of strategically important Japanese owned enterprises.

Commenting on the transaction, Barry Flannery, Chief Financial Officer of SMBC Aviation Capital, said:

“This transaction further expands our relationship with JBIC. This is a strong endorsement of SMBC Aviation Capital’s strategy and the continued success of our partnership with the SMBC Group and Sumitomo Corporation. Our shareholders bring significant financial support and product strength to our business. We in turn, have delivered strong and stable profitability in addition to expanding their financing activities in the global aviation space, so that we have true strategic alignment”

Commenting on the transaction, JBIC says this loan is for “supporting overseas business expansion of the Japanese aircraft leasing industry”, and they express in their press release that “as Japan's policy-based financial institution, JBIC will continue to provide financial support for the overseas business development of Japanese companies”.

Last week, SMBC Aviation Capital announced an increase in profit before tax of US$200m for the half year to September 30 2019, which is a 19% increase on the comparative period last year.

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For media enquiries, please contact:

Conor Irwin, SMBC Aviation Capital: +353 87 381 6106

Richard Webster Smith, Finsbury: +44 7796 708551

Note to Editors

About SMBC Aviation Capital

Based in the IFSC in Dublin 1, SMBC Aviation Capital is one of the world’s leading aircraft leasing companies, with 83 airline customers in 37 countries. At 30 September 2019, the company owned and managed an aircraft fleet valued at over US$18.9bn with an additional order book of over US$14bn. 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

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21/11/2019

SMBC Aviation Capital results for the half year ended 30 September 2019

- Continued strong first half performance driven by increase in lease revenue and trading-

Dublin, 21 November 2019: SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, today announces its results for the half year ended 30 September 2019.

Key Highlights:

• Strong financial performance during the half year:

  • Profit before Tax of $200m, increase of 19% on H1 FY18 ($168m)
  • $597.4m Lease Revenue and Other Operating Income up 13% (H1 FY18: $530m)
  • Operating margin of 41%
  • Raised $620m of third party funding leveraging our industry leading ratings

• Continued progress in transitioning to new technology aircraft

  • Aircraft assets value in excess of $12.4 billion up 10% from Sep 2018 ($11.2 billion), comprising 237 owned aircraft and pre-delivery payments
  • 42.2% of portfolio transitioned to new technology assets (Sep 2018: 30.6%) with upward trend set to continue
  • Delivery of 17 aircraft, comprising 2 A320s, 1 A321, 13 A320 NEOs and 1 B787

• Robust demand from airline customers and investors

  • Signed LOIs to place 21 aircraft from our order book
  • Sale of 16 owned aircraft, with an average age of 7.3 years
  • Ongoing cooperation with our shareholders continues to reap benefits in selling aircraft into the Japanese market, the largest standalone aircraft investment market globally – 9 aircraft sold to Japanese investors.
  • Signed contracts or Letters of Intent to sell a further 15 aircraft with an average age of 10.7 years
  • Average age of fleet now 4.2 years

• Global asset spread 43.6% Asia, 28.2% EMEA, 28.2% The Americas

• A-/A- ratings from S&P and Fitch

• $10.6 billion of financial backing from shareholders

• $5.3 billion of available liquidity

Commenting on the performance, Peter Barrett, CEO of SMBC Aviation Capital, said: “Successful implementation of our strategy and relentless focus on building long-term customer relationships has resulted in growth of our leasing business and continued interest from trade investors in acquiring our assets. This has allowed us to deliver a strong financial performance in the first half of the year, demonstrating our ability to deliver profitable growth.

Our differentiation continues to be the strength of our portfolio alongside the support and collaboration with our shareholder which enables us to provide a diverse product offering to a growing number of customers in the aviation industry.

The global aviation industry is continuing to face some challenges. Our young, fuel-efficient fleet and close collaboration with the aircraft manufacturers, combined with a strong track record over 18 years of delivering a disciplined strategy, means we are confident that we can continue to deliver further growth now and into the future and respond flexibly to changing market dynamics.”

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For media enquiries, please contact:

Conor Irwin, SMBC Aviation Capital: +353 87 381 6106

Richard Webster Smith, Finsbury: +44 7796 708551

Note to Editors

About SMBC Aviation Capital

Based in the IFSC in Dublin 1, SMBC Aviation Capital is one of the world’s leading aircraft leasing companies, with 83 airline customers in 37 countries. At 30 September 2019, the company owns, manages and is committed to purchase 717 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/

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15/11/2019

North East Inner City charity providing youth services to receive transformational funding from local corporate donor

Pictured at the launch were Tina Roche Chief Executive of The Community Foundation For Ireland, Andrew Condon, Chair BYC with Claire McWalter and Jenny Courtney, General Manager BYC, Jonathan Dowling, Team Leader, BYC. -BYC to establish first hub for restorative practice in Ireland-

Dublin, November 15th 2019: BYC, which provides comprehensive youth services to disadvantaged children and teens in the North East Inner City (NEIC) today announced that it is to receive funding from a corporate partner, based in the IFSC, to undertake a transformational legacy project in its facility based in Dublin 1.The corporate partner, SMBC Aviation Capital, will donate €710,000 to the initiative over a three year period.

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12/11/2019

SMBC Aviation Capital concludes portfolio sale of 29 aircraft

- the company’s single largest portfolio sale to date -

Dublin, 12 November 2019: SMBC Aviation Capital, one of the world’s largest aircraft leasing companies has today announced the conclusion of a portfolio sale of 29 aircraft. The sale was concluded on behalf of Airspeed, an aircraft securitisation which has been managed by SMBC Aviation Capital since 2007. The transaction involved the sale of 28 aircraft to aircraft leasing company, Genesis, with one additional aircraft sold to an undisclosed investor.

The aircraft have been sold from SMBC Aviation Capital’s managed fleet and comprised a range of asset types on lease to over 20 airlines.

Peter Barrett, CEO, SMBC Aviation Capital commented, “As a company, this is what we do best, from the original sale of the portfolio to Airspeed, managing a large portfolio of diverse aircraft with many different airlines over a twelve year timeframe and now concluding its sale. Airspeed has been a long-term customer for us and we have valued this relationship. There were many stakeholders involved in this process which demonstrates our ability to manage complex transactions. In addition, Genesis is an important customer and we acknowledge their close collaboration on this transaction.”

Karl Griffin, CEO, Genesis added, “The acquisition of the 28 aircraft from Airspeed is an excellent investment for Genesis, delivering on our strategy as well as adding scale and diversification to our aircraft leasing portfolio. The SMBC Aviation Capital team has played a world class role in managing the Airspeed portfolio since 2007 and, in particular, during the final stages of transferring each aircraft to Genesis.”

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For more information please contact:

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

Richard Webster Smith, Finsbury: + 44 7796 708551

Notes to Editors:

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/

About Genesis:

Established in 2014 and headquartered in Dublin, Ireland, Genesis is a full-service commercial aircraft leasing platform with 41 customers in 33 countries across the globe. The Genesis portfolio currently comprises 73 owned, managed and committed Boeing and Airbus aircraft.

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01/11/2019

SMBC Aviation Capital hosts sixth annual trade investor seminar in Japan

Tokyo, October 31st 2019: SMBC Aviation Capital, in conjunction with its shareholders, SMBC and SMFL, has hosted its sixth annual trade investor seminar in Tokyo, Japan.The event attracted approximately 250 attendees representing JOL investors, JOLCO equity investors, regional Japanese banks and investors in SMBC AC’s new aviation investment fund, GAEL. Airbus and the Japanese airline, JAL, also participated in a panel discussion on the aviation industry, which debated issues such as the resilience of airlines, airport capacity and climate change.

Other presentations at the seminar included one on narrowbody values, the GAEL investment fund and a case study on SMBC AC’s successful repossession of its aircraft from Jet Airways.

Michael Weiss, Head of Aircraft Trading, SMBC Aviation Capital said, “This year’s seminar provided SMBC Aviation Capital with an opportunity to showcase our new aviation investment fund, as well as present some useful insights into narrowbody valuations and repossessions. We were delighted that Airbus and JAL participated in an interesting panel discussion on the aviation market today and the challenges and opportunities that exist. Japan continues to display its potential as a growth market for aviation investment and, together with our shareholders, SMBC Aviation Capital will work to expand and deepen our commitment to this market.”

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07/10/2019

SMBC Aviation Capital delivers first Airbus A320neo to Chilean airline JetSMART

Toulouse, October 4th 2019: SMBC Aviation Capital, has today delivered the first Airbus A320neo to Chilean ultra-low-cost carrier JetSMART. The delivery marks the first delivery of an A320neo to JetSMART and is the first delivery of a five (5) aircraft transaction.

The delivery was marked at an event in Toulouse attended by CEO of JetSMART, Estuardo Ortiz, Arturo Barreira, President of Airbus Latin America and the Caribbean and CEO of SMBC Aviation Capital, Peter Barrett.

JetSMART is a new customer for leading global aircraft leasing company, SMBC Aviation Capital and the aircraft which are scheduled for delivery between October 2019 and April 2020, will be from the company’s order book of A320 family aircraft with Airbus. The new aircraft will be used on routes in the region, including its new markets in Brazil and Colombia.

Equipped with Pratt & Whitney GTF engines, each of the new aircraft will feature one of JetSMART’s unique tails displaying a South American animal. The first aircraft features a Colibri of Arica, a critically endangered animal from the hummingbird family native to Chile. This bird – just 8 centimetres long- is the smallest bird in Chile and one of the smallest in the world.

CEO of JetSMART, Estuardo Ortiz said “This is one more step towards our vision of reaching 100 aircraft and 100 million passengers by 2026.As the youngest fleet in America, JetSMART welcomes our first A320neo and the new opportunities it brings, such as flights to Brazil and Colombia.More than 4 million people have already flown SMART: on a new airplane, safe, reliable and on-time for a few bucks. We thank SMBC Aviation Capital to share this journey with us.”

Peter Barrett, CEO, SMBC Aviation Capital added “We are pleased to welcome JetSMART as a new customer. This is an exciting time for JetSMART and we are happy that we can support them at this crucial growth stage. This delivery underlines our expanding footprint, not just in the Chilean market but right across the Americas region which is an important growth area for us.”

Arturo Barreira, President of Airbus Latin America and the Caribbean said “We are proud to see the A320neo at JetSMART, this aircraft incorporates the very latest technologies, including new generation engines and Sharklets, which together deliver more than 20 percent fuel and CO2 savings as well as a 50 percent noise reduction.”

The delivery takes SMBC Aviation Capital’s portfolio of owned and managed A320neo family to a total of 58 aircraft (A320neo - owned: 43, managed: 9; A321neo – owned: 2, managed: 4) which are in service with a total of 18 airlines. SMBC Aviation Capital has orders and purchase commitments for a further 175 A320neo family aircraft which offer its customers significantly improved fuel efficiency as well as lower noise levels and a reduced environmental impact.

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For more information please contact:

Conor Irwin, SMBC Aviation Capital, Mobile: +353 87 3816106

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

Richard Webster-Smith, Finsbury, Mobile: +44 7796 708 551

Notes to Editors:

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/

About JetSMART Airlines:

JetSMART Airlines is the ultra low cost South American airline, founded by Indigo Partners, which operates the newest Airbus fleet in the Americas. JetSMART has operations in Argentina, Perú and Chile and has transported more than 4 million passengers, according to data for the month of March 2019. The vision of JetSMART is to offer ultra-low fares throughout South America, with the goal of reaching 100 aircraft and 100 million passengers in 2026.

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02/09/2019

SMBC Aviation Capital delivers fifth aircraft to Wizz Air

Hamburg, August 30th 2019: SMBC Aviation Capital is pleased to announce the delivery of one (1) Airbus A321-200 aircraft (MSN 8943) equipped with two (2) IAE V2533-A5 engines to Wizz Air.

The delivery occurred while the Aircraft and associated engines were located at the Airbus facility in Hamburg, Germany.

This is the fifth and final delivery to Wizz Air as part of a five (5) aircraft Sale and Leaseback transaction.

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02/09/2019

SMBC Aviation Capital delivers Airbus A320neo to S7

Toulouse, August 28th 2019: SMBC Aviation Capital is pleased to announce the delivery of one (1) Airbus A320neo aircraft (MSN 9140) equipped with two (2) Pratt & Whitney PW1127G-JM engines to S7.

The aircraft and associated engines were delivered while located at the Airbus delivery centre in Toulouse, France.

This is the second A320neo aircraft to be delivered to S7 from an eight (8) aircraft deal. The next aircraft is scheduled for delivery in February 2020.

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28/08/2019

SMBC Aviation Capital delivers Airbus A320neo to VivaAerobus

Toulouse, August 2019: SMBC Aviation Capital is pleased to announce the delivery of one (1) Airbus A320neo aircraft (MSN 9148) equipped with two (2) IAE PW1127G1-JM engines to VivaAerobus.

The aircraft was delivered on Monday 26th August while the Aircraft and associated engines were located at the Airbus delivery centre in Toulouse, France.

This is the sixth of seven (7) A320neo aircraft to be delivered to VivaAerobus, with the next aircraft scheduled for delivery in October 2019.

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25/07/2019

SMBC Aviation Capital delivers Airbus A320neo to VivaAerobus

Toulouse, July 2019: SMBC Aviation Capital is pleased to announce the delivery of one (1) Airbus A320neo aircraft (MSN 9107) equipped with two (2) IAE PW1127G1-JM engines to VivaAerobus.

The aircraft was delivered on Wednesday 24th July while the Aircraft and associated engines were located at the Airbus delivery centre in Toulouse, France.

This is the fifth of seven (7) A320NEO aircraft to be delivered to VivaAerobus, with the next aircraft scheduled for delivery in August 2019.

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18/07/2019

SMBC Aviation Capital announces Global Aviation Equipment Leasing Fund (“GAEL”)

Dublin, 18 July 2019: SMBC Aviation Capital is pleased to announce the launch of the Global Aviation Equipment Leasing Fund (“GAEL”).

GAEL is a closed-end fund which has raised equity capital from 17 Japanese institutional investors and a secured debt financing from an internationally recognised bank.

GAEL is the first aviation equity fund for Japanese institutional investors that SMBC Aviation Capital has launched. GAEL will acquire a portfolio of aircraft, on lease to a diverse group of international airlines, from SMBC Aviation Capital, who will remain as aircraft servicer.

Commenting on the announcement, Peter Barrett, CEO, SMBC Aviation Capital said: Aircraft leasing is a very desirable and stable asset class for investors, and GAEL provides a tailored opportunity for a number of Japanese institutional investors to enter into the aircraft leasing market. We are pleased to have worked closely with our colleagues at Sumitomo Mitsui Banking Corporation in assembling a group of top tier equity investors.”

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05/07/2019

SMBC Aviation Capital delivers Airbus A320-200 to Batik Air

Hamburg, July 2nd 2019: SMBC Aviation Capital is pleased to announce the delivery of one (1) Airbus A320-200 aircraft (MSN 8942) equipped with two (2) CFM56-5B4/3 engines to Batik Air, a member of the Lion Air Group.

The aircraft and associated engines were delivered while located at the Airbus delivery centre in Hamburg, Germany.

This is the 3rd aircraft delivered to the Lion Air group in 2019.

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26/06/2019

SMBC Aviation Capital delivers Airbus A320neo to Gulf Air

Toulouse, June 21st, 2019: SMBC Aviation Capital is pleased to announce the delivery of one (1) Airbus A320NEO aircraft (MSN 9030) equipped with two (2) CFM Leap-1A26 engines to Gulf Air.

Delivery occurred while the aircraft and the associated engines were located at the Airbus delivery centre in Toulouse, France.

This is the third of six (6) A320NEO aircraft to be delivered to Gulf Air, with the next delivery scheduled for September 2019.

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19/06/2019

SMBC Aviation Capital orders CFM International LEAP-1A engines at Paris Airshow

LE BOURGET, France: SMBC Aviation Capital, one of the world’s largest aircraft leasing companies, announced it has ordered forty CFM International LEAP-1A engines to power 20 additional Airbus A320neo aircraft. The engine order is valued at $588 million U.S. at list price.

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17/06/2019

SMBC Aviation Capital announces Pratt & Whitney GTF™ Engines to Power 20 Additional Airbus A320neo Family Aircraft

Paris, 17th June 2019:

SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, today announces it has selected Pratt & Whitney GTF™ engines to power an additional 20 A320neo family aircraft with options, bringing the leasing company's total to 50 firm GTF-powered A320neo family aircraft.

Commenting on the announcement, Peter Barrett, CEO, SMBC Aviation Capital said: “We are pleased to announce this deal with Pratt & Whitney. We believe the Pratt & Whitney GTF powered A320neo will provide our customers with a highly efficient and effective solution for their requirements”

Rick Deurloo, Chief Customer Officer and senior vice president, Customers at Pratt & Whitney said: “We value SMBC Aviation Capital’s continued confidence in the GTF engine with this additional order. We are honored to supply SMBC Aviation Capital and its airline customers with the advantages of the GTF engine”

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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.”

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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

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01/05/2019

SMBC Aviation Capital delivers Airbus A320-200 to Batik Air

Hamburg, April 26th 2019: SMBC Aviation Capital is pleased to announce the delivery of one (1) Airbus A320-200 aircraft (MSN 8748) equipped with two (2) CFM56-5B4/3 engines Batik Air, a member of the Lion Air Group.

The aircraft and associated engines were delivered while located at the Airbus delivery centre in Hamburg, Germany.

This is the second aircraft to be delivered to the Lion Air Group as part of a 13 aircraft SLB deal.

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25/04/2019

SMBC Aviation Capital delivers first Airbus A320neo to S7

Hamburg, April 24th 2019: SMBC Aviation Capital is pleased to announce the delivery of one (1) Airbus A320neo aircraft (MSN 8852) equipped with two (2) Pratt&Whitney PW1127G-JM engines to S7.

The aircraft and associated engines were delivered while located at the Airbus delivery centre in Hamburg, Germany.

This is the first A320NEO aircraft to be delivered to S7 from an eight (8) aircraft deal. The second delivery is scheduled for August 2019 while the rest of the aircraft are scheduled for delivery through 2020.

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24/04/2019

SMBC Aviation Capital delivers Airbus A320neo to VivaAerobus

Toulouse, April 2019: SMBC Aviation Capital is pleased to announce the delivery of one (1) Airbus A320neo aircraft (MSN 8894) equipped with two (2) IAE PW1127G1-JM engines to VivaAerobus.

The aircraft was delivered on Tuesday 23rd April while the Aircraft and associated engines were located at the Airbus delivery centre in Toulouse, France.

This is the first of seven (7) A320NEO aircraft to be delivered to VivaAerobus, with the next two deliveries scheduled for May 8th and May 14th 2019.

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16/04/2019

SMBC Aviation Capital closes $500 million senior unsecured offering

-Fourth successful capital fundraising represents a further endorsement by the market of the company’s future growth prospects -

Dublin, April 15, 2019: SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, today announced that its wholly-owned subsidiary, SMBC Aviation Capital Finance DAC, has closed the sale of $500 million principal amount of 3.55%, five-year senior unsecured notes due April 2024 (the “Notes”). The Notes are fully and unconditionally guaranteed by SMBC Aviation Capital.

This successful bond placement - priced at US Treasuries plus 125 basis points. The proceeds from the offering will be used for general corporate purposes which may include, among other things, the purchase of aircraft and the repayment of existing indebtedness. This also follows an announcement in November last year that the company had received an A- rating from S&P (along with its existing A- rating from Fitch) and is now the joint highest rated lessor in the industry.

Commenting on the issuance, Barry Flannery, Chief Financial Officer of SMBC Aviation Capital, said:

“The successful completion and attractive pricing of this transaction is yet another endorsement from the market of SMBC Aviation Capital’s strategy and long-term growth prospects. The pricing achieved proves that our quality portfolio and long track record combined with our strong balance sheet and future prospects are compelling and differentiating factors for us, and this transaction is another significant milestone in the development of our third-party funding plans for the business.”

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For more information please contact:

Conor Irwin, SMBC Aviation Capital: +353 87 3816106

Powerscourt: +44 (0)20 7250 1446 / +353 (0) 83 448 8339

Note to Editors:

About SMBC Aviation Capital

SMBC Aviation Capital is one of the world’s top 5 largest aircraft lessors, with 87 airline customers in 41 countries.As of 31st December 2018, the company owns, manages and is committed to purchase 663 aircraft.Established in 2001, the company was acquired in 2012 following by a consortium comprising two of Japan’s biggest companies SMFG and Sumitomo Corporation.

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06/03/2019

SMBC Aviation Capital delivers Airbus A320neo to Gulf Air

Toulouse, March 2019: SMBC Aviation Capital is pleased to announce the delivery of one (1) Airbus A320neo aircraft (MSN 8779) equipped with two (2) CFM Leap-1A26 engines to Gulf Air.

The aircraft was delivered on Tuesday 5th March while the Aircraft and associated engines were located at the Airbus delivery centre in Toulouse, France. This is the second of six (6) A320NEO aircraft to be delivered to Gulf Air, with the next delivery scheduled for June 2019.

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25/02/2019

SMBC Aviation Capital delivers Airbus A320-200 to Rossiya Airlines

Ostrava, February 2019: SMBC Aviation Capital is pleased to announce the delivery of one (1) Airbus A320-200 aircraft (MSN 3627) equipped with two (2) CFM56-5B engines to Rossiya Airlines.

The aircraft was delivered on Sunday 24th February while the Aircraft and associated engines were located at the Jobair facilities, Ostrava Airport, Czech Republic.

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18/02/2019

SMBC Aviation Capital delivers Airbus A320-251neo to Sky

Hamburg, February 2019: SMBC Aviation Capital is pleased to announce the delivery of one (1) Airbus A320-251neo aircraft (MSN 8691) equipped with two (2) CFM Leap engines to Sky Airline S.A.

The aircraft was delivered on Wednesday, 13th February while the aircraft and associated engines were located at the Airbus facility in Hamburg, Germany.

This is the fifth and last aircraft to deliver to Sky as part of a five (5) aircraft deal.

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15/02/2019

SMBC Aviation Capital delivers Boeing 737-8 MAX to Icelandair

Seattle, February 2019: SMBC Aviation Capital is pleased to announce the delivery one (1) Boeing 737-8 MAX aircraft (MSN 44356) to Icelandair ehf. (“Icelandair”).

The aircraft was delivered on February 13th at the Boeing facilities in Seattle.

This is the first of two aircraft delivered to Icelandair as part of this SLB transaction and also marks a new customer for SMBC AC in Icelandair. The second aircraft is currently scheduled to deliver in April 2019.

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07/02/2019

SMBC Aviation Capital delivers Airbus A320-251 NEO aircraft to Sky Airline S.A

Toulouse, February 2019 - SMBC Aviation Capital is pleased to announce the delivery one (1) Airbus A320-251 NEO aircraft (MSN 8731) equipped with CFMI Leap engines to Chilean Airline, Sky Airlines S.A.

The aircraft was delivered on February 5th at the Airbus facility in Toulouse, France.

This is the fourth aircraft to deliver to Sky as part of a five (5) aircraft deal. The first three aircraft delivered in Q4 2018. The fifth aircraft is scheduled to deliver on 13 February 2019 in Hamburg, Germany.

-ENDS-

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04/02/2019

SMBC Aviation Capital signs seven aircraft SLB deal including PDP financing with Viva Aerobus

February 4th 2019: SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, has today announced its first sale and lease back (“SLB”) deal of 2019. The deal with Mexican low-cost carrier, Viva Aerobus, also provides a Pre Delivery Payment (“PDP)” facility for the aircraft.

The transaction includes seven (7) Airbus A320 neo aircraft powered by Pratt & Whitney engines scheduled for delivery this year.

Juan Carlos Zuazua, CEO of Viva Aerobus, said “We are delighted to build on our relationship with SMBC Aviation Capital and successfully mark the financing of seven new A320 neos. These aircraft will greatly enhance our fleet and help us to deliver our vision of strengthening our network for our passengers. 2018 was an incredible year, having transported more than 10 million passengers for the first time in our history, so we are very excited about the coming opportunities for our business.”

Mr Peter Barrett, CEO, SMBC Aviation Capital added “We are pleased to announce our first sale and leaseback deal of 2019. This deal with Viva Aerobus supports a long standing customer in a key region for us. Mexico is an exciting, fast-growing market that is seeing increased demand for high-quality aircraft that offer the latest technology. We look forward to continuing our long partnership with Viva Aerobus.”

This follows on from SMBC Aviation Capital’s announcement earlier this week of an order for 65 new A320neo family aircraft from Airbus.

-ENDS-


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31/01/2019

SMBC Aviation Capital concludes significant Boeing 737 MAX lease deal with Southwest Airlines

January 31st, 2019: SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, today announced details of a significant Boeing 737 MAX lease deal signed in December 2018 with low-cost pioneer Southwest Airlines Co. (NYSE: LUV), the largest domestic air carrier in the USA in terms of domestic passengers carried.

The transaction involves placement of twelve (12) B737 MAX 8 aircraft from SMBC Aviation Capital’s orderbook, with the first aircraft set for delivery in July 2019.

Southwest Airlines, a returning lease customer for SMBC Aviation Capital, carries more than 120 million passengers every year and will use the new MAX aircraft across the carrier’s expanding network.

Peter Barrett, CEO, SMBC Aviation Capital said: “We are very pleased to conclude this transaction with one of the world’s leading airlines. This deal to place aircraft with Southwest, highlights SMBC Aviation Capital’s commitment to the growth and development of its business and we look forward to working with Southwest in the coming years.”

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22/01/2019

SMBC Aviation Capital sponsors AWAR 2019

Dublin, January 18th 2019 - SMBC Aviation Capital is pleased to announce its sponsorship of AWAR (Advancing Women in Aviation Roundtable) in 2019.The purpose of AWAR is to further and promote the advancement of women in the aviation industry by engaging CEOs and senior management.

There are a number of AWAR events which take place in 2019 including a luncheon in Dublin to coincide with the airfinance conferences and a lunch in Tokyo which will take place in April 20th.AWAR is a grassroots initiative which aims to engage with CEOs and senior management to promote the advancement of women in the aviation industry.

This year’s lunch in Dublin entitled “Building a framework for action” will feature a number of guest speakers from across aircraft leasing and financial services.

Commenting, Peter Barret CEO SMBC Aviation Capital said, “Our company is committed to the advancement of women in aircraft leasing and the wider aviation industry.Hence our decision to sponsor AWAR.We look forward to engaging with AWAR to ascertain how the industry can advance this important initiative into the future.”

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21/01/2019

SMBC Aviation Capital concludes 65 aircraft deal with Airbus

Dublin, January 21st 2019 – SMBC Aviation Capital has today announced an agreement for the purchase of 65 aircraft from Airbus. This transaction demonstrates the company’s commitment to further growth and represents one of SMBC Aviation Capital’s largest single transactions with the European manufacturer.

The order includes 50 A320neo and 15 A321neo aircraft and at today’s list price is valued at over US$7.4 billion.

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28/12/2018

SMBC Aviation Capital delivers first Boeing 737-8 MAX from its order book

Seattle, December 24, 2018 – SMBC Aviation Capital is pleased to announce the delivery of one Boeing 737-8 MAX aircraft (MSN 61852) equipped with CFM LEAP-1B28 engines to Lucky Air.

This is the first delivery of a four (4) aircraft deal with Lucky Air. The remaining three (3) aircraft are scheduled to be delivered in Q1 and Q2 of 2019.

This aircraft is the first Boeing 737-8 MAX to be delivered from SMBC Aviation Capital’s direct order with Boeing for 90 737-8 MAX aircraft.

-ENDS-

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28/12/2018

SMBC Aviation Capital delivers Airbus A320-271 neo to GoAir

Toulouse, December 27, 2018 - SMBC Aviation Capital is pleased to announce the delivery of one Airbus A320-271 neo aircraft (MSN 8656) equipped with Pratt & Whitney PW1127G-JM engines to Indian Airline, Go Airlines Limited.

This is the second of two A320-neo aircraft delivered to GoAir with the first delivered in October 2018

-ENDS-

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27/12/2018

SMBC Aviation Capital delivers Airbus A320 Neo to Tianjin Airlines

Toulouse, December 21, 2018 - SMBC Aviation Capital is pleased to announce the delivery of one Airbus A320 Neo aircraft (MSN 7849) equipped with PW1127G-JM engines to Tianjin Airlines.

This is the second Airbus A320 Neo aircraft delivered to Tianjin Airlines from our direct Airbus order.

-ENDS-

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21/12/2018

SMBC Aviation Capital delivers second of five aircraft to Wizz Air

Hamburg, December 21 2018 - SMBC Aviation Capital is pleased to announce the delivery of one Airbus A321-200 aircraft (MSN 8625) equipped with IAE V2533-A5 engines to Wizz Air.

This is the second delivery to Wizz Air of a five (5) aircraft Sale and Leaseback transaction with the remaining aircraft scheduled to deliver in the first half of 2019.

-ENDS-

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20/12/2018

SMBC Aviation Capital delivers Boeing 737-800 to ANA

Seattle, December 2018 - SMBC Aviation Capital is pleased to announce the delivery of one Boeing 737-800 aircraft (MSN 64878) equipped with CFM56-7B24E engines to ANA.

The aircraft was delivered on December 19 at Boeing facilities in Seattle.

This is the second of two aircraft delivered to ANA, with the first delivered on November 15 2018.

-ENDS-

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30/11/2018

SMBC Aviation Capital upgraded to A- rating by S&P

- now holds the highest credit rating in the industry-

Dublin, November 30th 2018: SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, announces that its Issuer Credit Rating and Senior Unsecured Rating has been upgraded to ‘A-’ from ‘BBB+’ by S&P Global Ratings (“S&P”). This, alongside the company’s A- rating from Fitch means that SMBC Aviation Capital holds the joint highest rating of any company in the aircraft leasing industry.

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29/11/2018

SMBC Aviation Capital receives USD $1 billion in capital from its shareholders

-Change of shareholding structure in SMBC Aviation Capital-

Tokyo November 29 2018: SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, has announced that it has received USD $1 billion new capital from its shareholders.This follows on from the original announcement in November 2017 of Sumitomo Mitsui Financial Group, Inc. (“SMFG”) and Sumitomo Corporation’s (“Sumitomo Corp”) intention to provide further capital.

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21/11/2018

SMBC Aviation Capital to lease two A320 aircraft to LaudaMotion

Vienna, 21st November 2018 - Laudamotion, part of the Ryanair Group and Ryanair, the world’s leading airline today announced the completion of a transaction with SMBC Aviation Capital to lease two Airbus A320 aircraft on behalf of LaudaMotion. The aircraft are to be leased to LaudaMotion GmbH (“LaudaMotion”) as part of a series of initiatives to support LaudaMotion’s continued growth.

The first of two aircraft (MSN 2928) was delivered to LaudaMotion this week with the second aircraft due in January 2019 following redelivery from the current operator and completion of certain cabin reconfiguration in line with LaudaMotion’s specifications.

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20/11/2018

SMBC Aviation Capital results for the half year ended 30 September 2018

Dublin, 20 November 2018: SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, today announces its results for the half year ended 30 September 2018.

Key Highlights:

  • Profit before tax of $168 million, up 7.5% compared to H1 2017 ($156.3 million)
  • Core lease revenue of $490million up 3.5% compared to H1 2017 ($473 million) on slightly reduced average operating lease assets (-0.5%)
  • Aircraft assets in excess of $11.2 billion, comprising 231 owned aircraft and pre-delivery payments
  • Operating margin of 42.2% (H1 2017: 41.5%)
  • $9.2 billion shareholder support
  • 30.6% of portfolio transitioned to new technology assets (H1 2017: 15%) with upward trend set to continue
  • Signed LOIs to place 44 aircraft from our order book with all 2018 and 2019 positions placed [note1]
  • Sales of 8 owned aircraft with average age of 7.9 years, profit on disposal of $11.4m
  • Signed contract for the sale of a 29 aircraft portfolio from our managed fleet
  • Raised $700m of third party financing including successful $500m bond issuance in July 2018
  • Asset spread 42% Asia, 31.2% EMEA, 26.8% The Americas



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15/11/2018

Gulf Air Completes Sale and Leaseback of 6 Airbus A320neo Aircraft with SMBC Aviation Capital

Manama, Kingdom of Bahrain, 15 November 2018 - The Kingdom of Bahrain’s national carrier, Gulf Air, and SMBC Aviation Capital, one of the world's largest aircraft leasing companies, have today announced a six-aircraft agreement for the purchase and leaseback of six Airbus A320neo aircraft. This is SMBC Aviation Capital’s first deal with Gulf Air and follows a competitive tender process.

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09/11/2018

SMBC Aviation Capital delivers Airbus A320-200 neo aircraft to Sky Airline S.A

Hamburg, November 2018 - SMBC Aviation Capital is pleased to announce the delivery of one Airbus A320-200 NEO aircraft (MSN 8523) equipped with CFMI Leap engines to Chilean Airline, Sky Airlines

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08/11/2018

SMBC Aviation Capital hosts fifth annual investor seminar in Japan

Tokyo, November 8, 2018: SMBC Aviation Capital, in conjunction with its shareholders, SMBC and SMFL, has hosted its fifth annual investor seminar in Tokyo, Japan. The event attracted its largest attendance to date with over 240 attendees representing JOL investors, JOLCO equity investors, regional Japanese banks and corporate pension funds.

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31/10/2018

SMBC Aviation Capital CEO Peter Barrett speaks to CNBC

Hong Kong, October 31st 2018 - Peter Barrett, CEO, SMBC Aviation Capital speaks to CNBC about rising fuel costs and newer, more efficient aircraft.

To watch the full video, click here

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31/10/2018

SMBC Aviation Capital hosts graduate evening


Dublin October 2018 - Thank you to everyone who came to our graduate evening. The closing date for applications to our 2019 programme is the 4 November 2018.

You can view our full graduate evening video here

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30/10/2018

SMBC Aviation Capital cements presence in Asia with Hong Kong operation

Hong Kong, October 30th 2018 - SMBC Aviation Capital has today announced that it has established an operating company in Hong Kong, SMBC Aviation Capital Hong Kong Limited which will cement its footprint in the region. The leading aircraft leasing group has previously had a presence in the region through an affiliated company.

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25/10/2018

SMBC Aviation Capital delivers Boeing 737-800 aircraft to Solaseed


Seattle, 24 October 2018

SMBC Aviation Capital is pleased to announce the delivery of one Boeing 737-800 aircraft (MSN 64876) to Japanese carrier, Solaseed Air.

Solaseed Air is a new customer for SMBC Aviation Capital and this delivery marks the latest in our long participation in Boeing’s 737-800 NG programme.

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24/10/2018

SMBC Aviation Capital delivers Airbus A320-271 neo aircraft to GoAir

Toulouse, October 2018

SMBC Aviation Capital is pleased to announce the delivery of one Airbus A320-271 neo aircraft (MSN 8498) equipped with Pratt & Whitney GTF engines to Indian Airline, Go Airlines Limited.

This is the first of two A320-neo aircraft to be delivered to GoAir with the second currently scheduled for delivery in mid-November 2018.

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23/10/2018

SMBC Aviation Capital delivers two Airbus A320-200 neo aircraft to Sky Airline S.A

Hamburg, October 2018

SMBC Aviation Capital is pleased to announce the delivery of two Airbus A320 neo aircraft (MSN 8521 and MSN 8497) each equipped with two CFMI Leap engines to Chilean Airline, Sky Airlines.

These two deliveries are part of a five aircraft deal with the first aircraft delivered on Tuesday, 16 October 2018 and the second delivered on Friday, 19 October 2018.

The remaining three aircraft will be delivered in the last quarter of 2018 and first quarter of 2019.

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03/10/2018

SMBC Aviation Capital concludes five A320neo aircraft deal with new customer, Chilean airline, JetSMART

3 October 2018: SMBC Aviation Capital, the leading aircraft leasing company has today announced an agreement for the placement of five (5) A320 neo aircraft with Chilean low-cost carrier, JetSMART Airlines. This marks SMBC Aviation Capital’s first deal with the airline.

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01/10/2018

Seven graduates join SMBC Aviation Capital

-as 2019 Graduate Programme opens to new applicants-



(Pictured l-r are): Gavin Browne, Orlagh Hynes, John James Kelly, Claire Bensahmoun, Parth Parikh, Oliver Robinson and Anthony Boland.

Dublin, October 1 2018: SMBC Aviation Capital today announced that seven graduates have commenced the company’s two year Graduate Programme, the largest intake since the Graduate Programme was launched five years ago. The company’s 2019 Graduate Programme has also opened to new applicants today.

This year, SMBC Aviation Capital is seeking to attract more female graduates from a wide variety of disciplines to pursue a career in aircraft leasing. The company will also host an open evening on October 17 where graduates can learn more about the sector.

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25/09/2018

SMBC Aviation Capital delivers Boeing 737 MAX 8 aircraft to Jet Airways

Seattle, September 25th 2018: SMBC Aviation Capital is pleased to announce that we have today delivered our first of thirteen Boeing 737 MAX 8 aircraft (MSN 44863) on sale and leaseback to India’s premier full-service international airline, Jet Airways.

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10/09/2018

SMBC Aviation Capital Announces Sponsorship of Trinity SMF

SMBC Aviation Capital first aircraft leasing company to sponsor the Trinity SMF

Applications for SMBC Aviation Capital Graduate Programme open October 1st

Dublin, 10 September 2018: SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, today announced its sponsorship of the Trinity Student Managed Fund (Trinity SMF), becoming the first aircraft lessor to sponsor the fund.

Established in 2010, the Trinity SMF became the first student managed fund in Europe. Run entirely by students, the fund which has 600 members, aims to develop students’ skills in equity analysis, investing and risk management. As well as being an unparalleled educational resource for students, the fund also offers numerous opportunities for networking and professional development.

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27/08/2018

SMBC Aviation Capital delivers a second Boeing 737-MAX 8 to Aeromexico