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[SumitomoMitsui Financial Group, Inc.] SMBC Aviation Capital orders Airbus aircraft(1/1)
July
15, 2014
Sumitomo
Mitsui Financial Group, Inc.
Sumitomo
Mitsui Finance and Leasing Company, Limited.
Sumitomo
Mitsui Banking Corporation
Sumitomo
Corporation
SMBC Aviation Capital orders Airbus
aircraft
Sumitomo Mitsui Banking
Corporation (President: Takeshi Kunibe) and Sumitomo Mitsui Finance and Leasing
Company, Limited (President: Yoshinori Kawamura), both subsidiaries of Sumitomo
Mitsui Financial Group, Inc. (SMFG; President: Koichi Miyata), and Sumitomo
Corporation (SC; President and CEO: Kuniharu Nakamura), referred to
collectively as gthe Consortiumh, announce that SMBC Aviation Capital Limited
(SMBC Aviation Capital; CEO: Peter Barrett), the worldfs third largest aircraft
lessor, which is owned by the Consortium, has signed a contract with Airbus SAS
to purchase 115 A320 Family aircraft. This order will consist of 110 A320neo
and five A320ceo aircraft, which will be delivered between 2016 and 2022.
Airbus SAS has confirmed that
this order is the largest single-aisle aircraft order ever placed by a lessor.
The order should be taken as a clear sign of our commitment to the new
generation of single-aisle aircraft, as well as our plans to continue to grow SMBC
Aviation Capital.
Since
June 2012 when the Consortium acquired SMBC Aviation Capital, our aim has been to
capture the growing demand for new aircraft in emerging markets, notably in
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