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SMBC Aviation Capital, formerly RBS Aviation Capital, is an aircraft leasing company. It is owned by a consortium of companies affiliated with the Sumitomo ''keiretsu''.


History

The company was founded in 1994 as International Aviation Management Group by Domhnal Slattery. In 2001,
Royal Bank of Scotland Group NatWest Group plc is a British banking and insurance holding company, based in Edinburgh, Scotland. The group operates a wide variety of banking brands offering personal and business banking, private banking, investment banking, insurance and ...
acquired the company and rebranded it as Lombard Aviation Capital. The company was rebranded again in 2004 as RBS Aviation Capital. By 2005, the company had taken delivery of its 200th aircraft and opened locations in Toulouse and Seattle, with expansion into South East Asia in 2007. 2009 saw the completion of its first export financing deal and also the location of a representative in Beijing. In 2012, the company was acquired by the Japanese consortium for $7.3 billion, which was the largest ever global sale of an aircraft leasing business. The sale completed on 1 June 2012 and the business was renamed SMBC Aviation Capital.


References


External links

* {{authority control, state=expanded Aircraft leasing companies Companies based in Dublin (city) Companies of the Republic of Ireland Sumitomo Mitsui Financial Group Irish subsidiaries of foreign companies