Jackson Square Aviation Announces Fourth Boeing 737-846 Delivery to Japan Airlines
By Jackson Square Aviation, PRNEMonday, April 18, 2011
SAN FRANCISCO, April 19, 2011 - Jackson Square Aviation ("JSA") announces the delivery of its fourth
Boeing B737-846 aircraft to Japan Airlines, in connection with a long-term
operating lease. DVB Bank SE provided senior debt for the aircraft.
"We are thrilled to provide JAL with financing for this aircraft," said
Toby Bright, JSA's Head of Marketing. "Despite all of the difficulties that
Japan is experiencing, the airline has proven to be remarkably resilient and
supportive in a challenging environment. This is the fourth out of five 2011
deliveries we have in place with JAL, and the second since the earthquake,
demonstrating our strong commitment to JAL. We believe in JAL's
well-constructed recovery plan and we know that it will continue to be a
great airline for generations to come."
Jackson Square Aviation is a full-service aircraft leasing company based
in San Francisco with offices in Seattle, London, Toulouse and Miami, with an
Asian office opening later in 2011. The management team, which had previously
worked together at Pegasus Aviation Finance Company, has over 100 years of
combined industry experience. JSA's current fleet (owned and committed)
includes nearly 70 aircraft valued in excess of $3 billion, originated via
sale/leasebacks with many of the world's leading airlines. Led by the
seasoned aircraft leasing trio of Richard Wiley, Toby Bright and Scott Weiss,
the team has collectively acquired over $10 billion of aircraft, has
purchased and/or remarketed over 400 aircraft, and has developed
relationships with over 30 commercial lenders and investment banks across
Europe, Asia and North America. JSA's primary shareholder is Oaktree Capital
Management, L.P., an $80+ billion institutional money manager based in Los
Angeles.
Jackson Square Aviation, LLC, +1-415-655-5000, info at jacksonsquareaviation.com
Tags: April 19, california, Jackson Square Aviation, Japan, San francisco