BOC Aviation leases three A320neos to JetSMART

BOC Aviation has announced that it has entered into an agreement with Airbus to purchase three aircraft, consisting of two A321neo and one A320neo. These have been placed on long-term lease with South American ultra-low-cost carrier JetSMART Airlines (JetSMART). All aircraft will be powered by Pratt & Whitney GTF™ engines and are scheduled for delivery in 2027.

These fuel-efficient A320neo-family aircraft will enable JetSMART to expand its footprint in the growing Latin America market,” said Steven Townend, Chief Executive Officer and Managing Director, BOC Aviation. “With this agreement, we have demonstrated our ability to provide our customers with financing solutions to support their fleet expansion ambitions at multiple points in their growth trajectory.”

“This new agreement with BOC Aviation is aligned with our long-term regional growth strategy, which envisions a fleet of 120 aircraft by 2031. It also reinforces our commitment to operating a modern, fuel-efficient, and environmentally responsible fleet across South America. We are pleased to continue strengthening long-term partnerships with leading lessors like BOC Aviation, who share our vision and support us with key milestones of our expansion. The addition of these two A321neo and one A320neo aircraft brings us closer to our goal of carrying 100 million passengers by 2028,” said Estuardo Ortiz, Chief Executive Officer and Founder of JetSMART.