Aircraft lessor and financing company SMBC Aviation Capital will buy 100 more Airbus A320-family narrowbody jets, the two companies announced this week.
The order includes 65 A321neo and 35 A320neo aircraft, Airbus confirmed. The deal was finalized at the Farnborough International Airshow in the U.K. Financial details were not disclosed.
SMBC Aviation Capital said the new aircraft will help meet rising demand for A320 variants from its airline customers. The company is already one of the largest owners of A320-family aircraft in the world, according to Airbus.
“This significant new order will give our airline customers access to a continuous delivery pipeline of the latest technology A320neo family aircraft into the mid-2030s,” Peter Barrett, CEO of SMBC Aviation Capital, said in a news release.
SMBC is based in Dublin and majority-owned by Sumitomo Mitsui Financial Group.
The company placed a similarly large order with Boeing, for 100 737 MAX jets, earlier this week.
