SMBC hands over latest A320neo to Sky

By November 13, 2018 January 16th, 2020 General News

SMBC Aviation Capital has delivered an Airbus A320-200neo aircraft (MSN 8523) powered by CFMI Leap-1A engines to Chilean carrier Sky Airlines.

The aircraft was formally delivered on 8 November at the Airbus facility in Hamburg, Germany. The handover of the third aircraft leaves two more due for delivery under the existing deal. The first two aircraft (MSN 8497 and 8521) were delivered by the lessor last month.

The final pair are scheduled for delivery in the first quarter of next year.

SMBC Aviation Capital also recently confirmed it has established an operating company in Hong Kong, SMBC Aviation Capital Hong Kong Ltd., which will cement its footprint in the region. The lessor has previously had a presence in the region through an affiliated company.

Peter Barrett, CEO, said the company “have reached a size and scale in Hong Kong which makes economic sense for us to set up an operating company. It also underpins our strategy to build our presence in one of the fastest growing aviation markets in the world. We remain fully committed to Ireland and maintaining our principal presence in Dublin, which continues to serve our business and the industry extremely well, with a strong ecosystem, treaty network and other government support.”

The new operating company will formally open by the end of November.