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SMBC Leasing converts 22 A320neo family options

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SMBC Aviation Capital announced that the leasing company has converted options for 22 A320neo family aircraft into firm orders.  This follow an initial order for 20 aircraft in 2021, bring the lessor’s total commitment to 42 additional firm A320neo family aircraft.  SMBC Aviation Capital currently manages a portfolio of 142 GTF powered A320neo

family aircraft.   

SMBC has chosen Pratt & Whitney GTF engines for their orders. Barry Flannery, CCO of SMBC Aviation Capital stated “SMBC Aviation Capital is pleased to confirm these latest technology engines reflecting our underlying commitment to invest in the most fuel efficient and sustainable aircraft types, which our customers want to operate.” 

We appreciate SMBC Aviation Capital’s continued confidence in Pratt & Whitney as we work together to deliver economic and environmental benefits for airline customers,” said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. These additional orders are a testament to the advantages this engine delivers as the most fuel-efficient, sustainable engine for single-aisle aircraft.

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