Leading global commercial aircraft lessor Jackson Square Aviation (JSA), based in both Los Angeles CA and Dublin, Ireland has released its operating results for the full year 2022.
The company has successfully increased the size of its fleet through the addition of 13 new production aircraft under sale-and-leaseback or finance lease products. Beyond deploying nearly US$1 billion in new CapEx, the company also transitioned seven used aircraft to new and existing lessees, signed leases for its MAX 8 orderbook placements and sold six aircraft to new investors and lessor partners.
JSA continued to grow its global team and upgrade internal focus on important areas of sustainability and DE&I. In 2022, the company’s sustainability committee completed its first JSA ESG strategy paper to guide its internal and external stakeholders on those key topics, while its LIFT committee continued to drive the company forward on its mission to make it the JSA team’s collective responsibility to build a diverse and inclusive culture.
Summary of 2022 results: Net fleet growth: +7, aircraft acquisitions: +13, aircraft transitions to new and existing lessees: +7, number of leases signed: +61, Aircraft sales: 6, new customers: +5, CapEx: US$975 million and net headcount growth: +6. Brief asset overview: Fleet value (owned, committed, managed): US$11 billion, number of aircraft (owned, committed, managed): 250, average fleet age (owned): 4.9 years, percentage of single aisle aircraft: 78%, average lease term remaining (owned): 7.1 years and percentage of new-generation aircraft: 71%. (£1.00 = US$1.21 at time of publication).
