JetBlue Expands Airbus Fleet with Ten Additional A220s and A320s

JetBlue Airways (B6), a major US carrier, has further strengthened its partnership with BOC Aviation by entering into another sale-and-leaseback agreement. The deal, involving eight A220-300s and two A321neo aircraft, is facilitated through BOC Aviation (USA), a wholly-owned subsidiary of the Singapore-based lessor. Here are the key details of the agreement:

Deal Overview:

• JetBlue Airways has inked a sale-and-leaseback agreement with BOC Aviation (USA) for eight Airbus A220-300s and two A321neo aircraft.
• BOC Aviation (USA) will lease these Airbus aircraft back to JetBlue under finance lease transactions, with the closure of the deal expected in 2023.

Continued Partnership:

• This marks the third finance lease agreement between JetBlue and BOC Aviation in recent times.
• The collective total of aircraft covered by these agreements now stands at 27, showcasing the ongoing collaboration between the airline and the lessor.

Previous Agreements:

• In June and September of the current year, JetBlue and BOC Aviation signed finance lease agreements covering a combined total of twelve aircraft, including A321neo and A220 models.

JetBlue’s Current Fleet:

• JetBlue currently operates a fleet that includes twenty A321-200NX aircraft, of which 14 are owned and six are leased from DAE Capital.
• The carrier also operates nine owned A321-200NX(LR)s.
• JetBlue’s A220 fleet comprises nineteen owned aircraft.
• The airline has additional orders with Airbus, including eighty-one A220s, thirty-four A321-200NX, nine A321-200NX(LR)s, and thirteen A321-200NY(XLR)s.

BOC Aviation’s Involvement:

• As of the latest data from the ch-aviation fleets ownership module, BOC Aviation does not currently lease any aircraft to JetBlue.

JetBlue’s continuous engagement in sale-and-leaseback agreements with BOC Aviation underscores the airline’s strategy for fleet expansion and flexibility. The collaboration contributes to JetBlue’s ability to enhance its operational capabilities while optimizing its fleet composition.