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
(Contacts for
inquiries)
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