SMBC Aviation Capital signs seven aircraft sale-leaseback deal including PDP financing with Viva Aerobus

Lauren Eldershaw
By Lauren Eldershaw February 4, 2019 11:10

SMBC Aviation Capital signs seven aircraft sale-leaseback deal including PDP financing with Viva Aerobus

SMBC Aviation Capital has announced its first sale and lease back deal of 2019. The deal with Mexican low-cost carrier, Viva Aerobus, also provides a Pre Delivery Payment (PDP) facility for seven Airbus A320 neo aircraft powered by Pratt & Whitney engines scheduled for delivery this year.

Juan Carlos Zuazua, CEO of Viva Aerobus, said “We are delighted to build on our relationship with SMBC Aviation Capital and successfully mark the financing of seven new A320 neos. These aircraft will greatly enhance our fleet and help us to deliver our vision of strengthening our network for our passengers. 2018 was an incredible year, having transported more than 10 million passengers for the first time in our history, so we are very excited about the coming opportunities for our business.”

Peter Barrett, CEO, SMBC Aviation Capital added “We are pleased to announce our first sale and leaseback deal of 2019. This deal with Viva Aerobus supports a long standing customer in a key region for us. Mexico is an exciting, fast-growing market that is seeing increased demand for high-quality aircraft that offer the latest technology. We look forward to continuing our long partnership with Viva Aerobus.”

This follows on from SMBC Aviation Capital’s announcement earlier this week of an order for 65 new A320neo family aircraft from Airbus.

Lauren Eldershaw
By Lauren Eldershaw February 4, 2019 11:10