Sumitomo Mitsui

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Airbus  has been courting potential airline customers about a longer-range version of its A321 jet and could launch the model at next week’s Paris Air Show. Photograph: Ascar Barroso/Europa Press via Getty Images

Airbus is preparing to steal a march against rival Boeing with the launch of a new long-range aircraft that could pre-empt the US company’s plans for (...)

SMBC said  pretax profit rose almost 8 per cent year-on-year to a record $344 million. Photograph: iStock

Irish aircraft leasing specialist SMBC faces a delay in the delivery of 30 Boeing 737 Max planes while their manufacturer tackles safety issues that f(...)

JRI America is expanding its Kerry branch.

JRI America, a technology company supporting the Japanese Sumitomo Mitsui Banking Corporation, is to expand its technology centre in Tralee, Co Kerry,(...)

Photograph: iStock

Aircraft leasing company SMBC Aviation Capital has closed a $500 million (€442 million) sale of senior notes, its fourth successful capital raising. (...)

Avolon chief executive Dómhnal Slattery has seen an encouraging response to its plan to borrow $300m from global banks. Photograph: Bloomberg via Getty Images

A strong response to its plan to borrow $300 million (€264.5 million) from global banks prompted Irish aircraft lessor Avolon to increase the debt to (...)

A Boeing 737 Max plane in flight.

Aircraft lessors in the Republic are unlikely to immediately feel the pinch from the decision to ground the global fleet of Boeing 737 Max 8s, industr(...)

An Ethiopian Airlines Boeing 737 MAX 8 aircraft. Photograph: EPA/STR

Ireland’s main aircraft lessors have had at least 224 Boeing 737 MAX 8 aircraft delivered or are on order, figures compiled by The Irish Times show. (...)

Photograph: Fabrice Coffrini/Getty Images

Glencore pledged to cap coal production as the world’s biggest exporter of the commodity responds to investor pressure for action on climate change. (...)

UK airlines account for a relatively small proportion of the overall aircraft leasing market, so negative fallout from Brexit, while unwanted, should not significantly impact lessors. Photograph: iStock

The UK has the largest aviation network in Europe and the third-largest in the world, after the US and China. Under the EU’s common rules for aviation(...)

Avolon’s head of EMEA Lynn Guiney: “At the moment in Avolon we have 50-50 in terms of gender balance.”

Lynn Guiney joined Avolon in July 2016 and is responsible for origination in the Europe, Middle East and Africa (EMEA) region. With more than 170 airc(...)

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