SMBC Aviation Capital concludes four aircraft deal with new customer Lucky Air

SMBC Aviation Capital and Chinese low-cost carrier, Lucky Air, have entered into an agreement for the placement of four Boeing B737-8 MAX aircraft.  This deal represents SMBC Aviation Capital’s first placement of the MAX aircraft from its order book with Boeing and Lucky Air’s first order of a Boeing 737-8 MAX aircraft. The new aircraft are scheduled to deliver in 2018 and 2019. The aircraft will support Lucky Air’s low-cost strategy within China. Ding Yongzheng, CEO of Lucky Air commented, “After conducting extensive research‎, we concluded that the 737 MAX would be an ideal fit for our low-cost carrier strategy.