Vmo Aircraft Leasing executed a sale and leaseback transaction for one Boeing 737 MAX 8 aircraft with Latvia-based operator SmartLynx Airlines. The aircraft was delivered to the airline in late October.

“This transaction establishes a new partnership with one of Europe’s leading ACMI operators,” Peter Watson, chief commercial officer of Vmo Aircraft Leasing, said. “We are pleased to partner with SmartLynx on this transaction and look forward to continued growth opportunities. We thank the whole SmartLynx team for enabling us to complete the deal quickly.”

“We at SmartLynx deeply value the partnership with Vmo, as it marks a significant step in enhancing our ACMI services. This successful sale and leaseback transaction for the 737 MAX 8 is a testament to our commitment to excellence and collaboration in the aviation industry. We appreciate the efficient and professional approach of Vmo’s team, and we look forward to exploring further opportunities to strengthen our fleet and service capabilities together,” Zygimantas Surintas, CEO of SmartLynx Airlines, said.