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BOEING 737 DELIVERIES FINANCED BY JACKSON SQUARE AVIATION

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BOEING 737 DELIVERIES FINANCED BY JACKSON SQUARE AVIATION

Boeing delivered 737-800s to Japan Airlines (JAL) and Norwegian Air Shuttle last week. In sale-leaseback arrangements, both carriers immediately assigned the aircraft – one 737-800 each – to Jackson Square Aviation (JSA), becoming the first new Boeing aircraft to be financed by the San Francisco-based company.

"Funding these airplanes marks the start of a very exciting 2011 for our company," said Toby Bright, head of marketing for JSA. "The value these efficient Next-Generation 737-800s provide enables us to attract leading airlines, such as JAL and Norwegian Air Shuttle. As a growing airplane leasing company, it is important that we continue to maintain a portfolio of operationally dependable and fuel-efficient aircraft for our customers."

Marlin Dailey, vice president of Sales and Marketing, Boeing Commercial Airplanes, said: "These new Next-Generation 737-800s provide JSA's portfolio with airplanes that feature incredible economics and operational capability. We look forward to growing our partnership with JSA as they and their customers benefit from the 737-800's superior performance."

These airplanes represent the first two of 11 new Boeing aircraft deliveries JSA will be financing this year.