Flair Airlines expands its fleet with the acquisition of advanced Boeing 737-8 MAX aircraft from SMBC Aviation Capital in Sale and Leaseback Agreement
SMBC Aviation Capital announces the successful handover of a Boeing 737-8 MAX aircraft (MSN 43973) fitted with two CFM LEAP-1B27 engines to Flair Airlines Ltd.
The Boeing facilities in Seattle, USA, served as the delivery location for the aircraft and its accompanying engines.
This particular aircraft is the initial unit out of two 737-8 MAX units being delivered to Flair Airlines as part of a sale and lease back arrangement between the airline and SMBC Aviation Capital.
SMBC Aviation Capital, formerly known as RBS Aviation Capital, stands as a prominent global aircraft leasing company. Its ownership rests in the hands of a consortium comprising esteemed Japanese institutions, namely Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Finance and Leasing Company Limited, and Sumitomo Corporation. With its extensive fleet, SMBC Aviation Capital holds a significant position in the industry.
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Based in Edmonton, Alberta, Flair Airlines is a Canadian ultra low-cost carrier (ULCC). With a fleet consisting of Boeing 737 aircraft, the airline provides both scheduled passenger and chartered services. Embracing the slogan “Plane and Simple,” Flair Airlines proudly positions itself as Canada’s sole independent ULCC, emphasizing its commitment to affordable air travel.
