SMBC Aviation Capital announces A320neo-family aircraft sale and leaseback agreement with easyJet

The agreement with easyJet consists of the sale and leaseback of six A320neo aircraft which vary in age from six months to two years of age. Agreements for three of these aircraft were concluded in early June, with the remaining three aircraft contracted this week. 

Peter Barrett, Chief Executive Officer, SMBC Aviation Capital said, “We are delighted to sign this sale and leaseback agreement with easyJet building on our long-term partnership with the airline. This transaction highlights how SMBC Aviation Capital can effectively leverage its strong capital position and industry leading credit rating to offer flexible long-term financing solutions to its customers facing the most challenging of circumstances.”

SMBC Aviation Capital is one of the top five aircraft lessors globally, with a fleet comprising 720 owned, managed and committed aircraft, and benefits from a close relationship with its shareholders Sumitomo Mitsui Financial Group and Sumitomo Corporation. SMBC Aviation Capital has a strong capital position and holds the joint highest credit rating out of all aircraft leasing companies, reflecting the long-term strength of its business.

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For more information please contact:
Orla Benson, SMBC Aviation Capital, Mobile: +353 86 047 4343
Conor Irwin, SMBC Aviation Capital, Mobile: +353 87 3816106
    
Charles O’Brien, Finsbury, Mobile: +44 7825 043 656
Richard Webster-Smith, Finsbury, Mobile: +44 7796 708 551

Note to Editors
About SMBC Aviation Capital  

Based in the IFSC in Dublin Ireland, SMBC Aviation Capital is one of the world’s leading aircraft operating lease companies. In operation since 2001, SMBC Aviation Capital has an owned and managed fleet, comprising 720 owned, managed and committed 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/