Lessor Jackson Square Aviation Secures Order for 50 A320neo Jets
Jackson Square Aviation, a leading global aircraft lessor based in Dublin, has placed a firm order for 50 A320neo family aircraft with Airbus. This marks the first direct order that Jackson Square Aviation has made with Airbus, solidifying the company’s status as a new customer for the renowned aircraft manufacturer.
In a statement released by CEO Kevin McDonald, the order represents a significant milestone for the lessor, which has long been recognized for its expertise in sale and leaseback financings of Airbus aircraft. McDonald emphasized that the expanded relationship with Airbus is a major step forward in the company’s mission to provide the world’s airlines with superior fleet and capital solutions. “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,” he said.
Jackson Square Aviation currently manages a fleet of 286 aircraft, consisting of both Airbus and Boeing planes. With an average age of 5.3 years, the entire fleet is valued at approximately 13 billion dollars. The company serves 62 customers across 31 countries, reinforcing its reputation as a global leader in aircraft leasing. As part of the Mitsubishi HC Capital Group, a global leasing company based in Japan and listed on the Tokyo Stock Exchange, Jackson Square Aviation benefits from a strong international presence and robust financial backing.
The A320neo family, with a current order book of 19,000 aircraft worldwide, is renowned for its outstanding performance and passenger comfort. Airbus has highlighted the aircraft’s ability to operate with up to 50 percent Sustainable Aviation Fuel (SAF) today and the potential to run on 100 percent SAF by 2030. This makes the A320neo not only a market leader in efficiency and performance but also a key player in the transition towards more sustainable aviation practices. Jackson Square Aviation’s decision to add these aircraft to its portfolio is expected to provide airlines with modern, fuel-efficient options that can help lower operating costs while supporting environmental goals.
Benoit de Saint-Exupéry, Airbus Executive Vice President Sales of the Commercial Aircraft business, welcomed Jackson Square Aviation’s decision. He noted that the company’s impressive client base and proven expertise in aircraft leasing made it an ideal partner for Airbus. “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,” he said.
This significant order is anticipated to further strengthen Jackson Square Aviation’s position in the global leasing market, as it expands its fleet with one of the most advanced and in-demand aircraft families available. With the integration of the A320neo into its portfolio, Jackson Square Aviation is well-positioned to meet the evolving demands of airlines around the world, offering state-of-the-art technology and improved operational efficiency.
The acquisition of these 50 A320neo jets demonstrates a long-term commitment to growth and innovation in the aviation leasing industry. As the market continues to evolve, Jackson Square Aviation is set to play a key role in providing airlines with the fleet solutions they need to remain competitive and environmentally responsible in a rapidly changing global marketplace.
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Sources: AirGuide Business airguide.info, bing.com, yahoo.com