SMBC Aviation Capital has finalised an order for 60 Airbus A320neo family aircraft, in a deal believed to be valued at around $3.4 billion. The announcement follows Boeing’s success at the Dubai Airshow, signaling ongoing demand for modern and fuel-efficient planes.
Owned by a consortium including Japan’s Sumitomo Corp and Sumitomo Mitsui Financial Group, SMBC’s cumulative order book for A320neo and A321neo now stands at 184, ensuring deliveries up to 2031.
The Irish lessor, with nearly 1,000 planes in ownership, management, or orders, reported a 75 percent increase in H1 profit to $236 million, citing strong fundamentals in the leasing sector amid global air travel recovery.
