SMBC Aviation Capital acquires A320 from Iberia

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Operating lessor SMBC Aviation Capital has acquired a new Airbus A320 from Iberia under a purchase and leaseback agreement.

The aircraft (MSN 5815) was delivered on 28 October. It will be operated by subsidiary Iberia Express.

The A320 is the last of a three-aircraft transaction. It follows MSN 5692, which was acquired by the lessor in July and MSN 5729, which closed in August.

Iberia Express now operates a 19 A320 aircraft fleet,Flightglobal's Ascend online database shows. It has four more aircraft of the type in storage.