CALC is pleased to complete our first engine novation deal with SAEL, advancing our engine leasing and trading platform and further reinforcing our full value-chain capabilities. #CALC #EngineLeasing #AviationFinance
SMBC Aero Engine Lease B.V. ("SAEL") is pleased to announce the novation of one IAE V2527-A5 SelectTwo engine with China Aircraft Leasing Group Holdings Limited ("CALC"), completed in July 2025. The engine is on a long-term lease and will be managed by SAEL throughout the remaining lease term. SAEL remains committed to growing its engine portfolio in line with market needs and supporting the sustainable development of the aviation industry. Winnie Liu, President and Chief Commercial Officer of CALC, said: ““We are pleased to complete this novation with SAEL, marking an important step in our growing engine leasing and trading platform. As part of CALC’s full value-chain offerings, these activities complement our aircraft leasing platform and reflect our commitment to delivering professional & high-quality services across major engine types.” “This first transaction with CALC is the beginning of a long-term relationship and reflects the mutual confidence between SAEL and CALC. We look forward to engaging in many transactions in the near future and to a successful collaboration.” said Roger Welaratne, Managing Director and Chief Executive Officer of SAEL. The V2527-A5 SelectTwo engine is one of the most advanced variants in the V2500 family, offering improved fuel efficiency, reduced emissions, and lower maintenance costs compared to previous configurations. This novation marks another step in SAEL’s strategy to expand its portfolio with high-demand, high-performance assets that support airline operational needs and sustainability goals. #aviation #engineleasing #SMBCAeroEngineLease #SMBCgroup #IAEV2500