SMBC Aviation Capital signs five Airbus A320neo aircraft deal with SAS

SMBC Aviation Capital has concluded a deal with Scandinavian Airline, SAS, for five Airbus A320neo aircraft on sale and leaseback. This is the most significant deal that SMBC Aviation Capital has completed with the airline and is the company’s first Airbus A320neo to be placed in Europe. The first aircraft (MSN 7352) will deliver on December 14 2016, with the additional four aircraft expected to deliver between 2017 and 2018. Commenting on the deal, Brian Harvey, Chief Marketing Officer, SMBC Aviation Capital said, “We are very pleased to conclude a deal of scale with SAS, our first deal in Europe