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SMBC Aviation Capital and CDPQ establish aircraft financing business
January 30th 2024
Lessor SMBC Aviation Capital and investment company, CDPQ, have announced a new aircraft financing and leasing business, initially to be funded with US$500 million a year over three years. Read More » Maple Aircraft Company Holdings will focus on modern, fuel-efficient, next generation aircraft, the partners said in a joint statement. “We are pleased to partner with CDPQ on this new platform to benefit our airline customers worldwide,” SMBC CEO, Peter Barrett, said. “CDPQ is an experienced and well respected global investment group. It is aligned with our own views on capital allocation and a sustainable aviation industry.” CDPQ executive vice-president and head of fixed income, Marc Cormier, said: “Building on CDPQ’s experience in the aircraft financing industry, this new platform will provide flexible financing solutions for airlines to meet their future fleet requirements.”
