BOC Aviation has entered into an agreement with Airbus to purchase three aircraft, comprising two A31neo and one A320neo, and has committed these on long-term leases to South American ultra low-cost carrier JetSMART Airlines.
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 BOC Aviation CEO and managing director Steven Townend. “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,” said Estuardo Ortiz, CEO and founder of JetSMART. “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.”