Sumitomo Mitsui Finance And Leasing Company Became 100% Shareholder Of SMBC Aero Engine Lease

SMBC Aero Engine Lease (SAEL) announces that Sumitomo Mitsui Finance and Leasing Company (SMFL) acquired 10% share of SAEL from MTU Aero Engines (MTU) as of 15 October 2021 and became a sole shareholder.

SMFL is one of the largest Japanese leasing company and majority shareholder of a world’s leading aircraft leasing company SMBC Aviation Capital Limited (“SMBCAC”).

SMFL will continue its collaboration with MTU and keep its close relationship with the MTU group. This change in shareholding will have no impact on the way SAEL operates and its interaction with MTU group.  SAEL remains committed to further grow its business under the strong support from SMFL.