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SMBC Aero Engine Lease grows portfolio with Cebu Pacific Air with additional sale & leaseback of PW1133GA-JM engines

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 nextContinue reading "SMBC Aero Engine Lease grows portfolio with Cebu Pacific Air with additional sale & leaseback of PW1133GA-JM engines"

Sumitomo Mitsui Finance and Leasing Company became 100% shareholder of SMBC Aero Engine Lease

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"