JSA unveils key business transactions for fiscal-year 2023

Against the backdrop of improved market conditions in 2023, Jackson Square Aviation (JSA) has reported a year of stability and recovery for the majority of the world’s airlines. JSA’s strategic initiatives during this period included the expansion of its fleet, with the addition of 32 aircraft through sale and leaseback as well as finance lease products. Notably, the company deployed US$1.8 billion (£1.4 billion) in new Capex, transitioning three used aircraft to new lessees, securing LOIs for eight additional MAX8 orderbook placements, and selling 11 aircraft to airline customers and lessor partners.

Furthermore, JSA continued its global team expansion while reinforcing internal focus on crucial aspects of sustainability and diversity, equity, and inclusion (DE&I). Emphasising ownership of one of the most efficient fleets in the industry, JSA remains committed to investing in cutting-edge technology assets while actively working to offset the carbon emissions generated by its business operations. The ongoing efforts of JSA’s LIFT committee play a pivotal role in advancing the mission to cultivate a diverse and inclusive culture that mirrors the composition of its global workforce and customer base.

“We worked hard to innovate in 2023 in order to provide the best possible value to our global customer base,” remarked Kevin McDonald, JSA’s Chief Executive Officer. “We’ve launched new products and expanded our investible universe, enabling us to reach more airlines with efficient airplanes and competitive capital. The end result for us last year was healthy profitability and a strong recovery across all of our core areas – new business, trading, order book placements and financing. With an unsettled global landscape and an increasing supply of new aircraft deliveries, we’re eager to continue providing solutions to the world’s airlines.”

“In addition to executing on a significant transaction volume and supporting our customer needs at scale and under short timelines, we also had record origination volume in 2023 across multiple products”, commented JSA’s President and Chief Commercial Officer, “We are grateful to JSA’s global staff for their adaptability and customer focus as we n