- SMBC Aviation Capital reported profit before tax of €601m.
- Lease revenue increased to €1.67bn.
- The company delivered 59 aircraft worth €2.89bn.
- The acquisition of Sumisho Air Lease creates a platform with approximately 1,700 aircraft.
- New technology aircraft account for 80pc of the owned fleet.
SMBC Aviation Capital has reported another year of strong financial and operational performance as it celebrates its 25th anniversary. The Dublin-headquartered aircraft lessor has highlighted record trading activity, continued fleet modernisation and a major acquisition that expands its global reach. In its 2026 Annual Report the company described the period as one of the most significant in its history.
The Dublin-based lessor reported profit before tax of €601m while lease revenue increased to €1.67bn. During the financial year ended 31 March 2026 the company delivered 59 aircraft worth €2.89bn, signed a further €2.81bn in new leasing agreements and completed aircraft sales totalling €2.21bn. The acquisition of Sumisho Air Lease Corporation completed in April 2026 creates a combined platform with approximately 1,700 owned, managed and committed aircraft, more than 170 airline customers and assets valued at around €75.65bn.
The transaction adds an orderbook of new-generation aircraft with the combined group holding commitments for approximately 430 aircraft valued at €22.1bn, around 90pc of which are already placed through the first quarter of 2028. New technology aircraft now account for 80pc of SMBC Aviation Capital’s owned fleet. The company relocated to its new headquarters at Fitzwilliam 28 in Dublin in 2024 and continues its partnership with Trinity College Dublin’s Sustainable Aviation Fuel Research Facility.
Peter Barrett shared “FY2025 was one of the most significant years in SMBC Aviation Capital’s 25-year history. We delivered strong underlying profit growth, capitalised on robust leasing and trading demand and continued to build one of the highest-quality portfolios in the sector.”
