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Istanbul, Turkey - Turkish Airlines has inked a sale and leaseback agreement for two Airbus A321neo aircraft with the Dublin-based aircraft leasing company SMBC Aviation Capital.

Both aircraft are newly manufactured and were delivered to the airline at the Airbus production facility in Hamburg.

“We are delighted to sign this agreement today, which extends the long-standing partnership we are proud to have built with Turkish Airlines. This is a further example of the flexible, long-term financing solutions we are able to offer our customers as a result of SMBC Aviation Capital’s strong capital position and industry-leading credit rating,”

said Peter Barrett, Chief Executive Officer at  SMBC Aviation Capital.

“We are delighted to be signing a further deal with SMBC Aviation Capital. These two newly-built Airbus A321neo’s offer industry-leading fuel efficiency and environmental emissions standards and will further strengthen our fleet,”

said Murat ┼×eker, Chief Financial Officer at Turkish Airlines.

SMBC Aviation Capital is one of the top five aircraft lessors globally, with a fleet comprising 720 owned, managed and committed aircraft, and benefits from a close relationship with its shareholders Sumitomo Mitsui Financial Group and Sumitomo Corporation. SMBC Aviation Capital has a strong capital position and holds the joint highest credit rating out of all aircraft leasing companies, reflecting the long-term strength of its business.
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