Sumitomo : SMBC denies report in talks to buy 30 Airbus jets
June 14, 2015 at 09:30 pm
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PARIS (Reuters) - Aircraft leasing company SMBC Aviation Capital on Sunday denied a report that it is in talks with European planemaker Airbus (>> Airbus Group) to buy 30 A320neo jets worth $3 billion (£1.9 billion) at list prices.
PARIS (Reuters) - Aircraft leasing company SMBC Aviation Capital on Sunday denied a report that it is in talks with European planemaker Airbus (>> Airbus Group) to buy 30 A320neo jets worth $3 billion (£1.9 billion) at list prices.
Bloomberg News reported earlier that the companies were in "advanced discussions" and that a deal could be announced at this week's Paris Airshow.
"SMBC Aviation Capital is not in talks to buy 30 Airbus A320s," a spokesman for the Dublin-based lessor said.
The company ordered 115 A320-family aircraft at last year's Farnborough Airshow, in what Airbus described the largest single firm order by a major leasing company.
Sumitomo Corporation is a diversified group organized around 7 areas of activity:
- retail distribution of consumer goods (24.4% of net sales): food products, apparel and accessories, pharmaceuticals, building materials, household and decorative items, etc. The group is also developing a real estate business;
- trading of hydrocarbon, mining, chemicals and electronics products (24%): oil, natural gas, copper, gold, silver, zinc, lead, nickel, coal, iron ore, resins, pesticides, petrochemical products, etc.;
- trading of steel products and non ferrous metals (20%): flat and long steel products, tubular products, aluminum products, titanium, etc.;
- distribution of transportation and construction systems and equipments (15.1%): spatial equipments, landing fields, forest machines, motorcycles, mining operating vehicles, etc.;
- telecommunications and multimedia products and services supplies (8.8%): TV wiring, data communication solutions, film distribution services, mobile telephony, Internet access and computing services;
- development and implementation of civil engineering infrastructures (7.6%): power plants, wastewater treatment units, industrial plants, telecommunications centers, etc. The group is also providing logistics services;
- other (0.1%).