SMBC Aviation Capital announced (02-Apr-2013) the completion of the previously announced merger with SMFL Aircraft Capital Corporation B V and Sumisho Aircraft Asset Management B V. The company said the combination of aircraft leasing businesses completed the integration with its shareholders’ other aircraft leasing companies, SMFL Aircraft Capital Corporation B V and Sumisho Aircraft Asset Management (SAAM). The combined entity is now the third largest global aircraft lessor with a fleet of 326 owned and managed aircraft valued at over USD10 billion. The business will trade under the one brand of SMBC Aviation Capital with its headquarters in Dublin. The deal will also mean the addition of 13 new airline customers to SMBC Aviation Capital’s client base bringing the total to 89, and the company’s total headcount will be increased to 97 employees. Commenting on the transaction, SMBC Aviation Capital CEO Peter Barrett said: “This is a very positive development for the stakeholders of all three entities. The combination of the businesses further bolsters the strength of the existing platforms, and is a significant step in terms of SMBC Aviation Capital’s ambitious plans for the future. The transaction is a sign of our Shareholders’ strong commitment to the aircraft leasing sector and to SMBC Aviation Capital. It positions the business to deliver increased value to all of our airline customers, investor partners, and suppliers". [more - original PR]
SMBC Aviation Capital closes merger with SMFL Aircraft Capital and Sumisho Aircraft Asset Management
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CAPA LCCs in North Asia Summit: Osaka, 13/14-Jun-2017 to be hosted by Kansai Airports
OSAKA, 22 September 2016 – CAPA - Centre for Aviation is pleased to announce that Osaka will be the host city for the annual CAPA LCCs in North Asia Summit on 13-14 June 2017.
The Summit, to be hosted by Kansai Airports, is one of the largest LCC gatherings in the region, attracting LCC CEOs from across Asia.
“Kansai International Airport as the gateway to Kansai region welcomes the CAPA LCCs in North Asia Summit in Osaka. We are extremely proud that this Summit will be hosted by Kansai Airports with the opportunity to introduce the attractiveness of the Kansai Region. For several years the LCC market has been on strong growth at KIX, where we have the number one LCC network among Japanese airports. We are really delighted to host this event in 2017 since our LCC Terminal extension will be completed by the first quarter next year”, said Yoshiyuki Yamaya, Representative Director and CEO, Kansai Airports, and Emmanuel Menanteau, Representative Director and Co-CEO, Kansai Airports.