Airline News
Lessors aim big at Le Bourget
June 22nd 2015
In addition to the airlines, leasing companies placed significant orders at last week’s Paris Air Show. Read More » Representing the Asia-Pacific region, China’s Minsheng Financial Leasing signed an MoU for 30 B737s made up of Next-Generation (NG) and MAX aircraft. Boeing did not provide an exact breakdown of the order, but CFM International announced a CFM56-7B engine order to power ten NGs, as well as a LEAP-1B order to power 20 B737 MAXs, valued at $775 million at current list prices. Minsheng’s vice-president for its aviation unit, Wang Fuhou, said Boeing’s NG models and tomorrow’s MAX variant, “combine market-leading economics, reliability and comfort to meet requirements from airline customers like Ruili Airlines”.
Japan’s SMBC Aviation Capital ordered ten MAX 8 airframes in Paris, topping up its 2014 record orders to 90 MAXs. To power the aircraft, SMBC committed to another 60 CFM LEAP-1As and 20 LEAP-1Bs with a combined value of $1.16 billion. The largest order placed by a lessor came from Amsterdam-based AerCap Holdings, which committed to 100 MAX 8s, its first of the type, in a deal worth $10.7 billion at current list prices.
GE Capital Aviation Services (GECAS) committed to 60 A320neo family aircraft, also powered by CFM’s LEAP-1As, bringing its total neo tally to 120. Another Airbus order, one A321ceo, three A320ceos and one A350-900, was placed by U.S. firm Air Lease Corp., the only lessor placing a wide body order.
