Pratt & Whitney and SMBC Aviation Capital Strengthen Partnership with New Order for 22 Airbus A320neo Aircraft

At the Farnborough Air Show in London, Pratt & Whitney, a business unit of RTX, revealed that SMBC Aviation Capital has made a significant commitment for additional aircraft orders. The aircraft lessor has confirmed an order for 22 firm Airbus A320neo family aircraft, which will be powered by Pratt & Whitney’s GTF engines. This announcement builds on a previous agreement made in 2021, resulting in a total of 42 firm orders for the GTF-powered aircraft.

SMBC Aviation Capital is recognized as one of the largest lessors in the world for GTF-powered A320neo family aircraft. Overall, the firm now oversees a portfolio of 142 such aircraft. In 2019, they initially contracted for 50 firm orders for these modern aircraft, underscoring a long-standing relationship with Pratt & Whitney, as both companies emphasize their strengths in providing efficient solutions for the aviation market.

The executives from both companies expressed their optimism about this collaboration. Rick Deurloo, president of Commercial Engines at Pratt & Whitney, noted that the new orders highlight the engine’s fuel efficiency and sustainability. Meanwhile, Barry Flannery, Chief Commercial Officer of SMBC Aviation Capital, reaffirmed their commitment to investing in modern, eco-friendly aircraft, which aligns with the growing demands of their clients in the aviation industry.