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21-Jul-2016 10:34 AM

SMBC Aviation Capital completes 57 aircraft deliveries and 45 new lease agreements in FY2015/16

SMBC Aviation Capital reported (19-Jul-2016) the following operational and other highlights for the fiscal year ended 31-Mar-2016:

  • Fitch Ratings and Standard & Poor's affirmed the company's long-term issuer default rating at BBB+;
  • USD600 million revolving credit facility entered into with a consortium of five major banks during the year;
  • Order placed for 10 Boeing 737 MAX 8s, bringing order book to 205 aircraft, comprising 110 A320neo aircraft, 5 A321ceo aircraft and 90 737 MAX 8 aircraft;
  • Completed 57 aircraft deliveries, including SMBC Aviation Capital's first Boeing 787-8;
  • Concluded 45 new lease agreements, sold 27 owned and managed aircraft and added 12 new customers. [more - original PR]

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