BOC Aviation and JetBlue Airways have further strengthened their partnership through a finance lease transaction involving state-of-the-art aircraft. The deal includes two Airbus A321neo aircraft and five A220-300 aircraft, all equipped with Pratt & Whitney GTF engines.
Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation, emphasised the significance of this finance lease transaction, stating, “This collaboration builds upon our longstanding relationship with JetBlue, an esteemed airline in the United States. It also exemplifies our commitment to fortifying our balance sheet by investing in the latest technology aircraft and exploring financing structures beyond our traditional operating lease product.”
JetBlue's Chief Financial Officer, Ursula Hurley, expressed enthusiasm about the expanded collaboration, saying, “We are delighted to enhance our partnership with BOC Aviation by engaging in these attractive finance lease transactions for our next generation, fuel-efficient aircraft.”
The finance lease agreement signifies a significant milestone in the ongoing collaboration between BOC Aviation and JetBlue Airways, solidifying their shared commitment to innovation and sustainable aviation solutions.