News — 2020

SMBC Aviation Capital announces A321neo aircraft sale and leaseback agreement with Turkish Airlines

01/07/2020

July 1st 2020: SMBC Aviation Capital, one of the world's leading aircraft leasing companies, has today announced that it has concluded a sale and leaseback agreement for two Pratt and Whitney-powered (2) A321neo aircraft with Turkish Airlines (MSNs 9157 and 9326).

Both aircraft are newly manufactured and were delivered to the airline at the Airbus production facility in Hamburg.

Peter Barrett, Chief Executive Officer, SMBC Aviation Capital said, “We are delighted to sign this agreement today, which extends the long-standing partnership we are proud to have built with Turkish Airlines. This is a further example of the flexible, long-term financing solutions we are able to offer our customers as a result of SMBC Aviation Capital’s strong capital position and industry-leading credit rating.”

Murat Şeker, Chief Financial Officer, Turkish Airlines said: “We are delighted to be signing a further deal with SMBC Aviation Capital. These two newly-built Airbus A321neo’s offer industry-leading fuel efficiency and environmental emissions standards and will further strengthen our fleet.”

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:

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

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/ 

“We are delighted to be signing a further deal with SMBC Aviation Capital. These two newly-built Airbus A321neo’s offer industry-leading fuel efficiency and environmental emissions standards and will further strengthen our fleet.”

Murat Şeker, Chief Financial Officer, Turkish Airlines 

Media Enquiries:

Conor Irwin/Orla Benson
SMBC Aviation Capital

+353 1 859 9425
+353 1 859 9067
Email

Charles O'Brien
Partner
Finsbury

+44 0 7825 043 656

Email