Jackson Square Aviation (“JSA”) is pleased to announce the closing of a sale and leaseback transaction for one Boeing 737-800 aircraft with TUI Travel PLC, in connection with a long-term operating lease. This aircraft was financed by the company’s DVB Nord LB Citibank term-debt facility.
“We are pleased to provide sale and leaseback support to TUI and are excited to count the airline among our growing customer list”, said Rich Wiley, JSA’s CEO. “We’re pleased to continue our rapid growth throughout this year. We’re actively providing capital to our airline customers and supporting the growing demand for lease capital around the world.”
About Jackson Square Aviation
Jackson Square Aviation is a full-service aircraft leasing company based in San Francisco with offices in Seattle, London, Miami, Toulouse, Singapore, and a newly-opened office in Beijing. 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 66 aircraft valued in excess of $4 billion, originated via sale/leasebacks with many of the world’s leading airlines. Led by the experienced aircraft leasing trio of Richard Wiley, Toby Bright and Scott Weiss, the team has collectively acquired over $11 billion of aircraft, has purchased and/or remarketed over 400 aircraft, and has established relationships with over 30 commercial lenders and investment banks throughout Europe, Asia and North America. JSA’s primary shareholder is Oaktree Capital Management, L.P., a Los Angeles based $80+ billion institutional money manager.
Jackson Square Aviation, LLC