Agreements

SMBC Aviation Capital placed an order for sixty A320neo Family aircraft

SMBC Aviation Capital placed an order for sixty A320neo Family aircraft.
The A320neo family of vehicles features cutting-edge technologies which when combined result in 20% fuel savings.

SMBC Aviation Capital has made a further order for 60 A320neo Family aircraft, the overall number of aircraft ordered by the type to around 340 aircraft purchased directly from Airbus.

SMBC Aviation Capital will have a steady supply stream well into the next ten years on top of its current orders for the A320neo Family, this new order reinforces the long-standing strategic cooperation between Airbus and SMBC Aviation Capital on the A320neo Family programme.

Peter Barrett, CEO of SMBC Aviation Capital, said, “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. 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.”

Due to its unmatched seat mile cost, the A320neo Family allows airlines to expand their networks by using wide-body cabin items on new, longer-haul routes that were previously impractical with a single-aisle aircraft.

Christian Scherer, Chief Commercial Officer and Head of Airbus International, said, “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. 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.”

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The A320neo family of vehicles features cutting-edge technologies such as new generation engines, cabin efficiency enablers, and Sharklets, which when combined result in 20% fuel savings. The A320neo Family is the most popular aircraft in the world, having received over 9,700 orders from over 130 clients since its inception in 2010.