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SMBC Aero Engine Lease (SAEL) closed the first sale and leaseback transaction with Breeze Airways for two (2) PW1524G engines

SMBC Aero Engine Lease (Netherlands) has closed its first sale and leaseback transaction  with Breeze Airways for two (2) PW1524G engines, one in December 2023 and the other in March 2024.

Roger Welaratne (MD & CEO) of SAEL  commented  “We are very pleased to count Breeze as one of our customers. We are looking forward to a long collaboration and to doing many more deals together. We are excited to be part of Breeze’s growth venture and we are also very happy to have added a new engine type – PW1500 – to our portfolio.”

“Breeze continues to grow and expand, now offering service to 56 cities and 29 states nationwide. With that, we’re grateful for our lending and leasing partners for their support as we add more aircraft and engines,” said David Neeleman, Breeze’s Founder and CEO. “SAEL has been a great partner to work with throughout this process and we look forward to more collaboration moving forward.”