Jackson Square Aviation places firm order for 50 A320neo family aircraft

Aircraft lessor Jackson Square Aviation (JSA) has placed a firm order for 50 A320neo family aircraft with Airbus.

This is the first direct order that the Dublin-based lessor has placed with Airbus, making the company a new customer.

“This is an exciting milestone in JSA’s history as a longtime global leader in the sale and leaseback financings of Airbus aircraft. JSA looks forward to our expanded relationship with Airbus. We are excited to add the A320neo to our long-term pipeline as we continue our mission to provide the world’s airlines with superior fleet and capital solutions,” Kevin McDonald, JSA’s Chief Executive Officer said in a statement.

JSA currently has 286 aircraft composed of Airbus and Boeing planes, and the entire fleet, with an average age of 5.3 years, is valued at $13 billion. 

The company is part of the Mitsubishi HC Capital Group, a global leasing company based in Japan and publicly listed on the Tokyo Stock Exchange. At this time, JSA has 62 customers in 31 countries. 

“Jackson Square Aviation has an impressive client base and we welcome its decision to become part of the Airbus family. After a thorough evaluation, JSA’s selection of the Airbus A320neo adds the leading single aisle aircraft family with outstanding performance and passenger comfort to its portfolio of aircraft for its airlines,” said Benoit de Saint-Exupéry, Airbus EVP Sales of the Commercial Aircraft business. 

The A320 family currently has 19,000 orders globally. According to Airbus, the family can operate with up to 50% Sustainable Aviation Fuel (SAF) today and up to 100% by 2030.

RELATED

Airbus surpasses 16,000 aircraft deliveries in latest performance update 

The post Jackson Square Aviation places firm order for 50 A320neo family aircraft appeared first on AeroTime.

Go to Source