SMBC Aero Engine Lease (SAEL) hereby reports the following major business transactions in its FY2022/12. Purchased 15 New Generation Narrow Body aircraft engines. Sold 7 aircraft engines. SAEL owns and manages 80 aircraft engines as of the end of 2022.
SMBC Aero Engine Lease (Netherlands) has grown their portfolio with Cebu Pacific Air with the conclusion of four (4) PW1133GA-JM spare engines under sale & leaseback. Roger Welaratne (MD & CEO) of SAEL has said, “We couldn’t be more pleased to strengthen our relationship with Cebu Pacific Air and grow our portfolio with these next […]
SMBC Aero Engine Lease (SAEL) announces that Don Biocca has joined SAEL as SVP Americas as of 19 September 2022. Don has over 20 years of experience in aircraft engine leasing and prior to joining SAEL Don held various sales and marketing roles at Aercap Engines and GECAS Engine Leasing. Don takes over from Andrew […]
SMBC AERO ENGINE LEASE (SAEL) is delighted to announce the delivery of the first LEAP1B spare engine to Akasa Air, India’s newest airline. Roger Welaratne (MD & CEO) said, we are very pleased to partner with Akasa Air and deliver our very first spare LEAP1B in India and Asia. Akasa Air has entered the Indian […]
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 Aviation […]
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 GECAS […]
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 shareholder […]
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.
Amsterdam, Netherlands, 7th December, 2020: SMBC Aero Engine Lease (SAEL) is pleased to announce that the sale and lease back of 3 x CFM LEAP1A spare engines for Vistara – India’s finest full-service carrier and a joint venture of Tata group and Singapore Airlines, has been concluded. Akinori Kojima, Managing Director and CEO (SAEL) said, […]
SMBC Aero Engine Lease (SAEL) is pleased to announce the successful closing of a sale & leaseback transaction with Cebu Pacific Air for eight (8) CFM56-5B4 spare engines. Roger Welaratne, Chief Commercial Officer (SAEL) says, “We’re extremely pleased to complete this FIRST remarkable multiple sale & leaseback transactions with Cebu Air. Cebu Air is one […]
SMBC Aero Engine Lease (SAEL) is pleased to announce the successful closing of lease transaction to Batik Air for its first LEAP1A spare engine. Christopher Rodrigues, SVP Sales and Marketing, (SAEL) says, “We’re extremely pleased to complete yet another key milestone on the delivery of the 1st LEAP1A32 spare engine to Batik Air. As one […]
SMBC Aero Engine Lease (SAEL) is pleased to announce that the sale and lease back of two V2527E-A5 Select Two engines for Concesionaria Vuela Compañia de Aviación S.A.P.I. de C.V. (“Volaris”) has been completed.
SMBC Aero Engine Lease (SAEL) is pleased to announce that it has signed an agreement with CFM International for the purchase of two CFM56 spare engines. SAEL is scheduled to take delivery of the engines in 2020.
SMBC Aero Engine Lease B.V. appointed Mr. Roger Welaratne as Chief Commercial Officer. Mr. Welaratne will be responsible for airline marketing and aircraft engine trading activities as well as the execution of those leasing and trading transactions. “Roger’s expertise and extensive experiences in the aircraft engine leasing industry will be a strong addition to our […]
Amsterdam, the Netherlands, 1 April 2019: Sumitomo Mitsui Finance and Leasing Company, Limited (“SMFL;” President: Masaki Tachibana) and Sumitomo Corporation (“Sumitomo Corp;” Representative Director, President and CEO: Masayuki Hyodo) completed a transfer of 65% of the shares of aircraft engine leasing company Sumisho Aero Engine Lease B.V. (CEO: Akinori Kojima), a joint venture between Sumitomo […]