What Happened
Lessors Expand Orderbooks Amid Strong Narrowbody Demand
SMBC Aviation Capital has committed to purchasing 100 Airbus A320neo-family aircraft, with 65 A321neos and 35 A320neos. The deal, announced at the Farnborough Airshow, aims to secure production slots beyond 2030. SMBC’s CEO Peter Barrett noted a consistent need for these aircraft beyond the current decade. The order was reported by Aviation Week.