Industry | Aircraft leasing |
---|---|
Headquarters | , |
Website | www |
SMBC Aviation Capital, formerly RBS Aviation Capital, is one of the world's largest aircraft leasing companies. It is owned by a consortium of leading Japanese institutions: Sumitomo Mitsui Banking Corporation (SMBC), Sumitomo Mitsui Finance and Leasing Company Limited (SMFL) and Sumitomo Corporation. Headquartered in the International Financial Services Centre in Dublin and with locations in Amsterdam, Beijing, Hong Kong, New York, Seattle, Miami, Shanghai, Singapore, Tokyo and Toulouse, the company employs over 300 people.
The company currently[when?] has a portfolio of 982 owned, managed and committed aircraft (as of 31 December 2023). It has more than 150 airline customers in over 50 countries worldwide, including a range of traditional carriers alongside start-up airlines.
Its strategy is to own and lease technologically-advanced, fuel efficient and frequently-used aircraft types. SMBC Aviation Capital maintains a young fleet with an average weighted age of 5.4 years. The company has a BBB+ rating from Fitch.[1]
In July 2016, the company completed a debut $500 million unsecured notes offering, which was eight times over-subscribed.[2]