Posted on: 10 November 2014 by Mark Howells
In a signing ceremony in Tokyo, SMBC Aviation Capital has placed an order with Boeing for 80 737 MAX aircraft, the biggest single order for the 737 MAX from a leasing company.
SMBC Aviation Capital already has 180 Boeing aircraft in its portfolio and 95 airline customers in more than 40 countries.
“It is 10 years since our business placed its first order with Boeing and we have enjoyed a decade of successful partnership since then,” commented Peter Barrett, CEO of SMBC Aviation Capital. “The 737 MAX 8 is one of the most fuel efficient and versatile aircraft available and today's announcement shows our ongoing commitment to the new generation of the popular 737 family, as well as our appetite to keep broadening and deepening our platform in order to service our customers' requirements. Following this order and given the clear commitment of our shareholders and the strength of the global aircraft leasing sector, we remain very confident in our ability to continue to deliver long-term growth.”
Boeing's current market outlook forecasts that airlines will need more than 25,600 single-aisle aircraft like the 737 MAX over the next 20 years. With this order SMBC becomes Boeing’s 50th 737 MAX customer, growing the programme orderbook to more than 2,400 aeroplanes in total.