SMBC subsidiary establishes aircraft financing, leasing platform

The investment is targeted at US$1.5b for a three-year period.

SMBC Aviation Capital, a subsidiary of Sumitomo Mitsui Finance and Leasing (SMFL), has established a new global aircraft financing and leasing platform.

Maple Aircraft Company Holdings is a platform focused on opportunities in new technology aircraft. 

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SMBC Aviation Capital will conduct aircraft procurement and asset management.

The investment is targeted at US$500m per year in 3 years, for a total of US$1.5b.