Yearly Archives: 2021

SMBC Aero Engine Lease (SAEL) announces that Sumitomo Mitsui Finance and Leasing Company (SMFL) acquired 10% share of SAEL from MTU Aero Engines (MTU) as of 15 October 2021 and became a sole shareholder. SMFL is one of the largest Japanese leasing company and majority shareholder of a world’s leading aircraft leasing company SMBC AviationContinue reading "Sumitomo Mitsui Finance and Leasing Company became 100% shareholder of SMBC Aero Engine Lease"

SMBC Aero Engine Lease (SAEL) announces that Roger Welaratne will succeed Akinori Kojima as Managing Director & CEO as of 1 April 2021. Mr. Welaratne has 25 years of experience in aircraft engine leasing in leadership roles and he joined SAEL in February 2020 as Chief Commercial Officer after his 14 years responsibility in GECASContinue reading "Roger Welaratne appointed as Managing Director & CEO"

SMBC Aero Engine Lease (SAEL) announces that Sumitomo Mitsui Finance and Leasing Company (SMFL) will acquire 25% share of SAEL from Sumitomo Corporation (SC) as of 1 April 2021 and increase its shareholding to 90%. Remaining 10% is kept by MTU Aero Engines. SMFL is one of the largest Japanese leasing company and majority shareholderContinue reading "Sumitomo Mitsui Finance and Leasing Company becomes 90% shareholder of SMBC Aero Engine Lease"

SMBC Aero Engine Lease (SAEL) hereby reports the following major business transactions in its FY2020/12. Purchased 31 aircraft engines. Sold 5 aircraft engines. SAEL owns and manages 70 aircraft engines as of the end of 2020.