SMBC Aviation Capital has concluded a lease agreement for 20 Airbus A320neo aircraft with Spirit Airlines, one of the most successful low-cost carriers in aviation. The agreement with Spirit Airlines consists of the sale and leaseback of 14 A320neo aircraft, to be delivered from November 2021 through September 2022, in addition to six direct A320neo lease placements from SMBC Aviation Capital’s orderbook. These will be delivered to Spirit from September 2022 through February 2023. Barry Flannery, Chief Commercial Officer, SMBC Aviation Capital said: “We are delighted to sign these lease agreements with Spirit, continuing our strong partnership with the airline.

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