Japan's SMBC Aviation Capital to buy 60 Airbus planes for $3.4bn

Aircraft lessor bets big on continuing post-pandemic recovery in air travel

20231120N A320neo

SMBC Aviation Capital agreed to purchase 60 Airbus A320neos, a narrow-body jet that features better fuel efficiency than previous models. © Reuters

RIHO TAKAHASHI and HARUKI KITAGAWA, Nikkei staff writers

TOKYO -- Aircraft lessor SMBC Aviation Capital has signed a contract to purchase 60 medium-haul passenger jets, Nikkei has learned, as the company bets on air travel's continued post-pandemic recovery.

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