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Mitsubishi HC Capital’s Subsidiary Orders 50 Airbus A320neo Aircraft

Story Highlights
  • Mitsubishi HC Capital’s subsidiary orders 50 A320neo aircraft to expand its leasing portfolio.
  • The order aims to enhance sustainability and growth by acquiring fuel-efficient aircraft.
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Mitsubishi HC Capital’s Subsidiary Orders 50 Airbus A320neo Aircraft

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Mitsubishi UFJ Lease & Finance Company ( (JP:8593) ) has issued an announcement.

Mitsubishi HC Capital Inc.’s subsidiary, JSA International U.S. Holdings, LLC, has announced an order for 50 A320neo Family aircraft from Airbus, aiming to enhance its aircraft leasing portfolio with more fuel-efficient models. This strategic move is expected to expand JSA’s business with global customers, contribute to sustainable growth, and lower CO2 emissions in the aviation industry.

More about Mitsubishi UFJ Lease & Finance Company

Mitsubishi UFJ Lease & Finance Company operates in the financial services industry, focusing on leasing and financing solutions. It is involved in aircraft leasing through its subsidiary JSA International U.S. Holdings, LLC, which manages a portfolio of narrowbody aircraft and aims to expand its operations by acquiring next-generation, fuel-efficient aircraft.

YTD Price Performance: 6.11%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $9.9B

See more data about 8593 stock on TipRanks’ Stock Analysis page.

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