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.

SMBC Aviation Capital is a long term CFM customer and currently has a fleet of more than 350 aircraft powered by CFM56 and LEAP engines in service or on order.The company’s total portfolio is made up of 729 owned, managed and committed aircraft.

“Our customers are very satisfied with the LEAP-1A engines in their fleets,” said Peter Barrett, CEO of SMBC Aviation Capital. “This engine is delivering everything CFM promised and has become a valuable asset.”

“SMBC Aviation Capital has a large portfolio of CFM-powered aircraft today and we are obviously pleased by the continued confidence they show in our products,” said Gaël Méheust, president and CEO of CFM International. “We are proud of the positive impact our engines have had on the long-term profitability of their airline customers and look forward to growing this important relationship well into the future.”

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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/

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Conor Irwin/Orla Benson
SMBC Aviation Capital

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+353 1 859 9067

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Rob Greening /Jack Hickey
Powerscourt

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+353 1 669 4633

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