Aircraft leasing offers new course for Mizuho and Marubeni

Megabank teams up with trading house to cultivate China and Southeast Asia

San Francisco-based Jackson Square Aviation, a full-service aircraft leasing company, was acquired by Mitsubishi UFJ Lease & Finance in 2013. Japanese banking groups are expanding their aircraft lease operations.

YOHEI HIROSE and YUMIKO OSHIMA, Nikkei staff writers

February 21, 2019 18:01 JST

Updated on February 22, 2019 03:28 JST

TOKYO -- Japanese megabank Mizuho Financial Group and major trading house Marubeni are joining forces in the leasing business, eyeing opportunities in places like China and Southeast Asia.