
SMBC Aviation Capital leases five Airbus A320neo to Ajet
SMBC Aviation Capital, a leading aircraft leasing company, has signed lease agreements with Ajet, the low-cost subsidiary of Turkish Airlines, for five additional Airbus A320neo aircraft. Delivery of these aircraft is scheduled for the period between the fourth quarter of 2025 and the second quarter of 2026. The new jets will be operated exclusively by Ajet to strengthen and modernize its fleet. This agreement is part of an existing collaboration between SMBC Aviation Capital and Turkish Airlines. Since 2022, SMBC has leased a total of 25 aircraft to the Turkish airline and its subsidiaries. The continuous provision of modern aircraft by leasing companies such as SMBC Aviation Capital is a common practice in the aviation industry, allowing airlines to flexibly adapt their fleet capacity to market demands without the high investment costs of outright purchase. The new Airbus A320neo aircraft are an integral part of Ajet's strategic efforts to modernize its fleet and increase efficiency. The A320neo is known for its advanced technology and is designed to help optimize the airline's operating costs. Ajet, originally founded as AnadoluJet, was transformed into an independent subsidiary of Turkish Airlines in early 2024 to become more competitive in the low-cost segment. This restructuring aims to expand the Turkish Airlines Group's presence in the growing low-cost air travel market. This fleet expansion is intended to enable Ajet to further expand its route network and consolidate its competitive position in the low-cost segment. The strategic partnership with lessors such as SMBC Aviation Capital is a key element for growth and operational efficiency.








