Tue, Jan 22, 2019
Lessor Has A Total Order Of 71 Aircraft For 2018
Leading aircraft lessor SMBC Aviation Capital has boosted its total order book for the A320neo Family to 181 aircraft after signing a firm order for an additional 65 A320neo Family aircraft (15 A321neo and 50 A320neo). The order was finalized in 2018 and included in the year-end order figures.
In addition the agreement includes an upsizing of 15 A320neo from a pre-existing order to 15 of the largest member of the single aisle, the A321neos, taking SMBC Aviation Capital’s total for the type to 30. With its unbeatable seat mile cost, longer range and wider cabin, the A321neo offers airlines the flexibility to expand their networks using wide-body cabin products on new longer haul routes which were not previously possible with a single aisle.
“Demand for the latest technology aircraft has been strong both from our existing and new customers hence our decision today to proceed with this order. In the current environment, airlines are seeking more fuel efficient aircraft. The make-up of our order book positions us very well for the future to deliver on those needs. We have a strong relationship with Airbus and we look forward to working with them to continue to deliver for our customers long into the future,” said Peter Barrett, CEO, SMBC Aviation Capital.
The order for 65 is in addition to an earlier agreement for six A320neo made in March, bringing the total number of A320neo Family ordered in 2018 to 71.
“As one of the world’s leading aircraft lessors, SMBC Aviation Capital’s repeat order demonstrates its financial astuteness in making wise investments in the A320neo Family. In 2018, the direct leasing market represented over 30 percent of our 800 worldwide deliveries – as much as Europe and the Americas combined,” said Christian Scherer, Airbus Chief Commercial Officer.
(Image provided with Airbus news release)
More News
Aviation Governance Secured...At Least For a While The National Business Aviation Association similarly applauded the passage of the FAA's recent reauthorization, contentedly recou>[...]
Emphasis On Growing The Future of Aviation Through Concentration on 'AFFORDABLE FLYERS' It's been a number of years since the Latest Edition of Jim Campbell's HUGE SportPlane Resou>[...]
Amazilia Aerospace GmbH, Develops Digital Flight Control, Flight Guidance And Vehicle Management Systems Textron eAviation has acquired substantially all the assets of Amazilia Aer>[...]
Honeywell's Primus Brings New Tools and Niceties for Hawker Operators Hawker 4000 business jet operators have a new installation on the table, now that the FAA has granted an STC f>[...]
Company Celebrates Niche-but-Important Advancement in Industry Standards Echodyne has announced full integration of its proprietary 'EchoFlight' radar into the e American Aerospace>[...]