SMBC Aviation Capital has delivered a solo Boeing 737-8 MAX jet with two CFM LEAP-1B27 engines to TUI with the delivery taking place at Boeing’s facility in Seattle, USA.
SMBC Aviation Capital has successfully delivered a Boeing 737-8 MAX aircraft equipped with two CFM LEAP-1B27 engines to TUI. The delivery, which took place at Boeing’s facility in Seattle, USA, marks the initiation of a sale and leaseback transaction involving three 737-8 MAX aircraft. SMBC Aviation Capital, one of the leading aircraft leasing companies, has confirmed the delivery of a Boeing 737-8 MAX to TUI, a prominent multinational travel and tourism company. The delivered aircraft (MSN 44629) is powered by two CFM LEAP-1B27 engines, showcasing the advanced technology and fuel efficiency associated with the LEAP engine series.
The delivery event took place at Boeing’s facility in Seattle, USA, highlighting the global collaboration in the aviation industry. This delivery is part of a broader sale and leaseback arrangement involving three Boeing 737-8 MAX aircraft. Sale and leaseback transactions are common in the aviation industry, providing airlines with financial flexibility.
The delivered 737-8 MAX is the first of three aircraft that TUI will receive as part of this transaction. Fleet modernization and expansion are crucial elements for airlines, allowing them to leverage the latest technologies and improve operational efficiency. The CFM LEAP-1B27 engines are a part of the LEAP engine family, known for their advanced features contributing to fuel efficiency, reduced emissions, and enhanced performance.
The collaboration between SMBC Aviation Capital, Boeing, and TUI underscores the intricate dynamics of the global aviation industry, where aircraft leasing plays a pivotal role in supporting airlines’ fleet strategies. Sale and leaseback transactions provide airlines with immediate access to capital by selling the aircraft and then leasing it back for operations. This financial strategy is often employed by carriers to optimize their balance sheets.
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The successful delivery of the first aircraft sets the stage for the subsequent deliveries under this transaction, indicating a sustained collaboration between SMBC Aviation Capital and TUI. This transaction aligns with TUI’s ongoing efforts to maintain a modern and efficient fleet, enhancing its capabilities to serve passengers worldwide. The next deliveries under this arrangement are anticipated to further strengthen the collaboration between SMBC Aviation Capital and TUI.
