Dublin, Ireland – December 12, 2024 – SMBC Aviation Capital, a leading global aircraft leasing company, is pleased to announce that it has signed the lease agreements with Turkish Airlines for five (5) Airbus A321neo aircraft. 

The aircraft will bring the number of SMBC Aviation Capital’s direct order book with Airbus placed at Turkish Airlines to 20 aircraft, delivered since 2022. These five aircraft are scheduled to be delivered in 2025. This transaction marks a further step in Turkish Airlines' fleet expansion and modernisation strategy. 

Barry Flannery, Chief Commercial Officer of SMBC Aviation Capital, said, "This transaction is a testament to the strong relationship we have built with Turkish Airlines. The Airbus A321neo aircraft will not only enhance Turkish Airlines' operational capabilities but also contribute to a more sustainable aviation industry. We are proud to support Turkish Airlines in their growth and modernisation efforts and look forward to many more successful collaborations in the future." 

Turkish Airlines Chairman of the Board and the Executive Committee Prof. Ahmet Bolat, said: “We are delighted to strengthen our partnership with SMBC Aviation Capital through this agreement. These Airbus A321neo aircraft will play a significant role in advancing our fleet modernization strategy, enhancing our operational efficiency, and supporting our sustainability goals.”