April 3, 2013
SMBC Aviation Capital closes merger with SMFL Aircraft Capital and Sumisho Aircraft Asset Management
SMBC Aviation Capital has completed the integration with its shareholders’ other aircraft leasing companies, SMFL Aircraft Capital Corporation B.V. and Sumisho Aircraft Asset Management (SAAM). The combined entity is now the third largest global aircraft lessor with a modern fleet of 326 owned and managed aircraft valued at over $10bn. The business will trade under the one brand of SMBC Aviation Capital with its Headquarters in Dublin. The deal will also mean the addition of 13 new airline customers to SMBC Aviation Capital’s client base bringing the total to 89, and the company’s total headcount will be increased to 97 employees.