One of the world’s major aircraft leasing organizations has ordered 50 Airbus A320neo aircraft, a booking with an estimated value of $2.7 billion. It is the first direct order with Airbus for Jackson Square Aviation, a holding of Mitsubishi HC Capital Group that operates in Asia, Europe, and North and South America.
Airbus did not specify which of the four A320neo variants have been selected, nor the delivery dates. The OEM currently has an order backlog of more than 10,500 for the jet series.
Jackson Square Aviation has a total fleet 286 aircraft of different Airbus and Boeing series, in service with 62 customers, including Air Canada, American Airlines, Delta Air Lines, and many more commercial carriers and freight services.
CEO Kevin McDonald “this is an exciting milestone in JSA’s history as a longtime global leader in the sale and leaseback financings of Airbus aircraft. JSA looks forward to our expanded relationship with Airbus.”
The A320neo is the best-selling aircraft in the world based on 2024 results, and more than 3,400 now in service. It is a twin-engine narrow-body aircraft developed to incorporate more fuel-efficient engine options and aerodynamic design elements, to reduce fuel consumption and CO2 emissions by at least 20% versus earlier aircraft models, along with 50% less noise, according to Airbus.