SMBC Delivers First Airbus A320neo to JetSMART

SMBC Aviation Capital delivered an Airbus A320neo to Chilean ultra-low-cost carrier JetSMART. The delivery marks the first delivery of an A320neo to JetSMART and is the first delivery of a five aircraft transaction.

The delivery was marked at an event in Toulouse attended by CEO of JetSMART Estuardo Ortiz; Arturo Barreira, president of Airbus Latin America and the Caribbean; and CEO of SMBC Aviation Capital Peter Barrett.

JetSMART is a new customer for SMBC. The aircraft, which are scheduled for delivery between October 2019 and April 2020, will be from the company’s order book of A320 family aircraft with Airbus. The new aircraft will be used on routes in the region, including its new markets in Brazil and Colombia.

Equipped with Pratt & Whitney GTF engines, each of the new aircraft will feature one of JetSMART’s unique tails displaying a South American animal. The first aircraft features a Colibri of Arica, a critically endangered animal from the hummingbird family native to Chile. This bird – just 8 centimetres long – is the smallest bird in Chile and one of the smallest in the world.

Ortiz commented, “This is one more step towards our vision of reaching 100 aircraft and 100 million passengers by 2026.As the youngest fleet in America, JetSMART welcomes our first A320neo and the new opportunities it brings, such as flights to Brazil and Colombia. More than 4 million people have already flown SMART: on a new airplane, safe, reliable and on-time for a few bucks. We thank SMBC Aviation Capital to share this journey with us.”

Barrett added “We are pleased to welcome JetSMART as a new customer. This is an exciting time for JetSMART and we are happy that we can support them at this crucial growth stage. This delivery underlines our expanding footprint, not just in the Chilean market but right across the Americas region which is an important growth area for us.”

The delivery takes SMBC Aviation Capital’s portfolio of owned and managed A320neo family to a total of 58 aircraft which are in service with a total of 18 airlines. SMBC Aviation Capital has orders and purchase commitments for a further 175 A320neo family aircraft which offer its customers significantly improved fuel efficiency as well as lower noise levels and a reduced environmental impact.

JetSMART Airlines is an ultra-low cost South American airline, with operations in Argentina, Perú and Chile and more than 4 million [passengers transported as of March 2019. JetSMART has set a goal of reaching 100 aircraft and 100 million passengers by 2026.

SMBC Aviation Capital is an aircraft lessor with 86 airline customers in 40 countries. As of March 31, 2019, the company owns, manages and is committed to purchase 729 aircraft.

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