SMBC Aviation Capital signs for 14 Boeing 737 Max

Boeing 737 Max 7 aircraft
A Boeing 737 Max 7 jet ahead of a test flight. Photo: © Steve Lynes

Dublin-headquartered leasing company SMBC Aviation Capital has ordered 14 Boeing 737 Max aircraft.

The new Boeing 737 Max jets will be outfitted in a ‘low-cost’ configuration. Deliveries are scheduled to commence in late 2021.

The company already has 107 Boeing 737 Max jets in its portfolio, including managed and owned aircraft that are in service worldwide with customers, as well as additional commitments.

In the first quarter of 2021, SMBC Aviation Capital delivered thirteen Boeing 737 Max jets to customers, including eleven planes to Southwest Airlines. Furthermore, two 737 Max planes have been handed over to TUI.

Besides the Boeing 737 aircraft, the lessor’s portfolio consists of Airbus A320 family jets, A350 airplanes and Boeing 787s. All in all, over 80% of its portfolio are narrowbody aircraft.

The SMBC Aviation Capital purchase follows recent orders and commitments e.g. from US carriers Southwest Airlines and Alaska Airlines in 2021.