News — 2017

Flybondi.com and SMBC Aviation Capital mark delivery of the airline's first aircraft

05/12/2017

Flybondi

Buenos Aires, December 5th 2017:

Flybondi.com, Argentina's first low cost airline today celebrates the delivery of its first aircraft from SMBC Aviation Capital, a B737-800.The aircraft with Manufacturers Serial number (MSN) 33821 was delivered in an all economy class configuration and is powered by CFM engines.

This is SMBC Aviation Capital's first aircraft with Flybondi.com and is also SMBC Aviation Capital's first aircraft to deliver into the Argentinian market.The aircraft recently underwent a modification program in Asia and delivered to Flybondi.com in November.

Flybondi.com, is a start-up, ultra-low cost airline with plans to start commercial operations in early January following the much anticipated deregulation of the Argentinian airline marketplace. This B737 will be employed on Flybondi.com's first routes from Cordoba and El Palomar, Buenos Aires to Argentina's main cities.

Commenting on the delivery of the aircraft, Julian Cook, CEO of Flybondi.com said, "We are delighted to welcome this B737-800 as the first aircraft in our fleet and the start of our next phase of launching the airline.This is an exciting time in the development of our airline and we look forward to serving our future customers with this aircraft.We also look forward to working with and growing our relationship with SMBC Aviation Capital into the future."

Brian Harvey, Chief Marketing Officer of SMBC Aviation Capital added, "We are very pleased to add Flybondi.com as our newest customer and Argentina as a new country to our list of airline partners.This is an exciting time for Flybondi.com as the airline commences operations in Argentina and we at SMBC Aviation Capital are pleased to be able to play a supporting role in the launch of the airline."

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Notes to Editor:

Footage from the transition program can be viewed at:

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About Flybondi.com:

Founded in 2016, Flybondi.com is an Argentine company and the first low cost airline in the country. It has a five year goal to double the size of the market by reaching 10 million passengers and to offer the lowest fares in the market. By 2021, Flybondi will have 1,500 employees and create 20,000 indirect jobs.

Flybondi recently raised USD 75 million of additional start-up capital and has been granted 85 routes by the Argentine Government, which include 43 domestic and 42 international destinations. The company plans to start its operations in January 2018 with a fleet of Boeing 737-800NG. The aircraft will be configured with 189 seats, offering the lowest cost per seat in the market and the objective for 2021 is to operate a fleet of 30 aircraft.

Flybondi's CEO is Julian Cook (44), an entrepreneur and businessman with more than 20 years of experience in the airline industry. Julian founded the Swiss airline Flybaboo in 2003 and served as a director in AviaSolutions/GE Capital Aviation Services (London). He studied Economics at the London School of Economics and later obtained an MBA from Columbia Business School in New York.

Flybondi.com is backed by highly-experienced aviation investors and executives. Cartesian Capital Group LLC is lead investor alongside Yamasa Co. Limited. Private investors include Michael Cawley, former COO at Ryanair, and board member; Michael Powell, former CFO at Wizz Air and Chairman of the board; Montie Brewer, former CEO at Air Canada; Robert Wright, former Board Member at Wizz Air and Bertrand Grabowski, former head of DVB aircraft finance division.

About SMBC Aviation Capital:

SMBC Aviation Capital is one of the world's leading aircraft lessors, with c. 100 airline customers in 42 countries.At 31 March 2017, the company owns, manages and is committed to purchase 668 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

Media Enquiries:

Conor Irwin/Dara O’Sullivan
SMBC Aviation Capital

+353 1 859 9000

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Charles O'Brien
Partner
Finsbury

+44 0 7825 043 656

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