SMBC Aero Engine Lease Completes the First Delivery of One PW1127G-JM Engine to Group Engine Management GmbH

SMBC Aero Engine Lease B.V. (“SAEL”) is pleased to announce the successful delivery of one PW1127G-JM Engine to Group Engine Management GmbH (“GEM”), in July 2025 to support the Lufthansa Group airlines fleet.

The PW1127G-JM engine is part of Pratt & Whitney’s Geared Turbofan (GTF) engine family and is specifically designed for the Airbus A320neo family. Renowned for its fuel efficiency, reduced noise emissions, and lower carbon output, the PW1127G-JM represents a significant step forward in sustainable aviation technology.

“Signing a General Terms Agreement with SAEL is an important milestone for GEM to lease the right spare engines at the right time.” says Michael Kaye, Managing Director of Group Engine Management GmbH. “We are proud to have gained SAEL as a reliable partner for future engine business supporting Lufthansa Group airlines operations.”

“This partnership with Lufthansa Group Engine Management marks a significant milestone in our growth strategy and we look forward to further collaboration in the future” said Roger Welaratne, Managing Director and Chief Executive Officer of SAEL. “We remain committed to delivering customer centric engine leasing solutions to meet the evolving needs of the aviation industry.”