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flag Ireland's SMBC Aviation Capital and Canada's CDPQ form $1.5bn aircraft financing & leasing firm, Maple Aircraft Co Holdings, to capitalize on aircraft shortage and high rental revenues.

flag Ireland-based SMBC Aviation Capital and Canada's CDPQ, a leading Canadian pension fund manager, have announced plans to create a $1.5-billion aircraft financing and leasing firm called Maple Aircraft Co Holdings. flag The company aims to initially deploy $500 million per year, with SMBC sourcing the transactions. flag This move comes as aircraft lessors are benefiting from higher rental revenues due to a shortage of commercial jets caused by supply chain issues and a surge in travel demand.

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