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SMBC Aero Engine Lease (SAEL) delivers first LEAP1B spare engine to Akasa Air

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 IndianContinue reading "SMBC Aero Engine Lease (SAEL) delivers first LEAP1B spare engine to Akasa Air"

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"

Sumitomo Mitsui Finance and Leasing Company becomes 90% shareholder of SMBC Aero Engine Lease

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"