Leasing company Jackson Square Aviation (JSA) ordered 30 Boeing 737 MAX aircraft at today’s Farnborough International Airshow.
This is the first direct purchase made by the San Francisco-based lessor and is part of a $3.5 billion deal. JSA has a portfolio of more than 180 aircraft with long and balanced leases with 49 customers and in 27 countries.
JSA expects to take delivery of the aircraft between 2023-25.
JSA chief executive officer, Tony Bright said: “We are excited to become even more of a full-service partner for our airline customers by expanding our fleet of 737 MAX airplanes as global demand for narrowbody jets continue to rise.
“We have carefully evaluated how speculative orders can enhance long-term business model and this transaction signifies the next step in that development.”