SMBC Aviation Capital orders 14 737 MAXs; reports a profit for FY2020

SMBC Aviation Capital has ordered 14 additional 737-8 MAX aircraft, to boost its fleet as airlines prepare for a robust return to air travel. Deliveries of the aircraft type are scheduled to commence in late 2021 and continuing into 2022. “We are pleased to have concluded an agreement with Boeing for the purchase of 14 low-cost carrier configured 737 MAX aircraft which is an aircraft we are seeing increased customer demand for following its successful return to service,” said Peter Barrett, CEO of SMBC Aviation Capital. The new purchase builds SMBC Aviation Capital’s 737 MAX portfolio to 121 aircraft. SMBC