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Thu, Nov 23, 2023

SMBC Adds 60 More A320neos to Order Book

Total Fleet to Sit at 340 Aircraft

Aircraft leasing company SMBC Aviation Capital has ordered another 60 A320neo Family aircraft, bringing its total for the type to nearly 340 aircraft.

Like in past deals, they have continued their expansion among low-cost carriers around the world, finding an ever growing demand for affordable, modern narrowbody aircraft. The newest order continues to assure a constant pipeline of aircraft deliveries "beyond the end of the decade" according to SMBC.

“This transaction is further testament of sustained global demand for technologically advanced, fuel-efficient aircraft, and comes amidst the continuing strong recovery in air travel worldwide,” said Peter Barrett, CEO of SMBC Aviation Capital. “With sustainability and operational efficiency remaining key priorities for our customers, we anticipate even greater demand for aircraft such as the A320neo and the A321neo in the years ahead. We look forward to strengthening our valued partnership with Airbus as we help our customers navigate these priorities.”

“SMBC Aviation Capital’s latest decision to reinvest for the long term in the A320neo Family shows a great confidence and commitment to what is, and is continuing to be, the most successful aircraft programme ever,” said Christian Scherer, Chief Commercial Officer and Head of Airbus International. “As one of the world’s leading aircraft lessors, SMBC Aviation Capital is committing to its sustainable aviation roadmap through the world’s most efficient single aisle products. We very much appreciate our working relationship with SMBC and thank them sincerely for their continued confidence."

FMI: www.airbus.com

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