BOC Aviation and JetBlue Ink Finance Lease Deal for Seven Airbus A320neo and A220 Aircraft

BOC Aviation Limited and JetBlue have entered into a finance lease transaction for two A321neos and five A220-300 aircraft.

Both aircraft types will be powered by Pratt & Whitney GTF engines.

“This finance lease transaction builds on the long-term relationship that we have enjoyed with JetBlue, one of the United States’ most highly regarded airlines,” said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation. “It is also another example of how we are building our balance sheet by deploying capital into latest-technology aircraft, using financing structures beyond our traditional operating lease product.”

Ursula Hurley, Chief Financial Officer of JetBlue, added: “We’re pleased to strengthen our relationship with BOC Aviation by entering into these attractive finance lease transactions for our next-generation, fuel-efficient aircraft.”