Airbus has landed yet another major order, with leasing company Jackson Square Aviation placing an order for 50 aircraft from the Airbus A320neo family.
One of the largest leasing companies in the world, Jackson Square Aviation, is making a significant investment in Airbus by purchasing 50 A320neo aircraft. Jackson Square is part of the Japanese Mitsubishi HC Capital Group, which also owns Engine Lease Finance. According to Mitsubishi HC Capital, deliveries are set to begin in 2031. However, the choice of engines for the aircraft has not yet been announced.”
First Direct Airbus Order
Jackson Square Aviation currently manages a portfolio of 239 leased and managed aircraft, according to Mitsubishi HC Capital. The leasing company first placed a direct order with an aircraft manufacturer in 2018, at that time choosing Boeing. Now, it is Airbus’ turn.
In recent years, Jackson Square has increased its share of modern, fuel-efficient aircraft. ‘By acquiring new assets and trading existing fleet components, Jackson Square aims to expand and enhance profitability,’ the company stated.
The new Airbus order, for which a memorandum of understanding has been signed, includes both the A320neo and the larger A321neo. However, the exact split between the two models has yet to be determined.
Significant Milestone
Jackson Square CEO Kevin McDonald describes the order as an ‘exciting milestone’ for the company. He emphasized that Jackson Square has long been active in sale-and-leaseback financing of Airbus aircraft.
Benoit de Saint-Exupéry, Executive Vice President of Commercial Aircraft Sales at Airbus, praised Jackson Square’s decision, calling the leasing company a ‘key player with an impressive customer base’. According to him, the choice for the A320neo came after a thorough evaluation process.”