News

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.

-ENDS-

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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.

-ENDS-

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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