The head of SMBC Aviation Capital on Tuesday predicted more mergers and acquisitions in the aircraft leasing industry, weeks after completing the purchase of smaller rival Goshawk Aviation.. | January 17, 2023
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By Tim Hepher PARIS (Reuters) - Global aircraft leasing faces a new shake-up this week after SMBC Aviation Capital's deal to buy smaller rival Goshawk.
Lessor SMBC orders 14 additional 737 MAX jets from Boeing
05/25/2021 7:18
DUBLIN (Reuters) -Aircraft leasing firm SMBC Aviation Capital has agreed to buy an additional 14 Boeing 737 MAX aircraft with a low-cost carrier configuration, with deliveries due to begin later this year, it said on Tuesday.
The company, a major Boeing customer, had previously disclosed firm orders for 89 MAX jets and a commitment to a fleet of 133.
But last year during the grounding of the MAX and at the height of the COVID-19 pandemic it deferred delivery of 68 of those jets by four years until 2025-2027 and indicated it had not ruled out cancellations.
By Reuters Staff
1 Min Read
DUBLIN, May 25 (Reuters) - Consolidation of the global aircraft leasing industry is likely to be accelerated by COVID-19, the head of one of the world’s five largest lessors, SMBC Aviation Capital, said in an interview on Tuesday.
“You were always going to see increasing levels of consolidation and. I believe it is likely that the events of the last 18 months are likely to probably accelerate that a bit,” Chief Executive Peter Barrett said.
Barrett, who estimated the leasing industry owns over 40% of the global passenger fleet, said that if any opportunities “present value and fit into our strategy, we’ll certainly have a look at them.” (Reporting by Conor Humphries, editing by Louise Heavens)