SMBC Aviation Capital
.svg){kind=logo} | |
| Industry | Aircraft leasing |
|---|---|
| Headquarters | , |
| Website | www |
SMBC Aviation Capital, formerly RBS Aviation Capital, is an aircraft leasing company. It is owned by a consortium of companies affiliated with the Sumitomo keiretsu.
History
[edit]The company was founded in 1994 as International Aviation Management Group by Domhnal Slattery.[1] In 2001, Royal Bank of Scotland Group acquired the company and rebranded it as Lombard Aviation Capital. The company was rebranded again in 2004 as RBS Aviation Capital.[2]
By 2005, the company had taken delivery of its 200th aircraft and opened locations in Toulouse and Seattle, with expansion into South East Asia in 2007. 2009 saw the completion of its first export financing deal and also the location of a representative in Beijing.
In 2012, the company was acquired by the Japanese consortium for $7.3 billion, which was the largest ever global sale of an aircraft leasing business. The sale completed on 1 June 2012 and the business was renamed SMBC Aviation Capital.[3]
References
[edit]- ^ http://irelandinc.com/ireland-inc-summit/ireland-inc-summit-speakers/domhnal-slattery/2001 [dead link]
- ^ "SMBC Aviation Capital :: History". www.smbc.aero. Retrieved 5 September 2019.
- ^ Newenham, Pamela. "RBS in €7.3bn sale of Dublin-based aircraft business". The Irish Times. Archived from the original on 4 March 2016. Retrieved 14 March 2017.
