SMBC Aviation Capital and Arajet have signed a significant lease agreement under the SLB (Sale and Leaseback) model for five Boeing 737 MAX 8 aircraft, which will be delivered between 2026 and 2027. This move strengthens the expansion plans of the Dominican airline and solidifies SMBC’s position as a leader in the global aircraft leasing market.
These aircraft will join the airline’s current fleet, which already operates 10 planes of the same model.
→ Arajet Lands in U.S.: A Historic Takeoff for Dominican Aviation
Conor Stafford, Head of Airline Marketing at SMBC Aviation Capital, remarked: “We are delighted to partner with Arajet on this important agreement and welcome them as a new customer. These aircraft will significantly contribute to the success of their operations, demonstrating our commitment to providing tailored leasing solutions that meet our partners’ needs.”
Víctor Pacheco Méndez, CEO of Arajet, stated: “Continuing our collaboration with SMBC Aviation Capital is key to delivering safe, efficient, and affordable travel. This step reinforces our business model and our vision for sustainable growth in the industry.”
With this expansion, Arajet is poised to increase its presence in the Americas market, offering passengers more flight options with a focus on comfort and competitive pricing.
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