Jackson Square Aviation (JSA) has delivered the fourth Boeing 737-846 aircraft to Japan Airlines. The aircraft is on a long-term operating lease. The senior debt was provided by DVB Bank.
"We are thrilled to provide JAL with financing for this aircraft," said Toby Bright, JSA's head of marketing. "Despite all of the difficulties that Japan is experiencing, the airline has proven to be remarkably resilient and supportive in a challenging environment. This is the fourth out of five 2011 deliveries we have in place with JAL, and the second since the earthquake, demonstrating our strong commitment to JAL. We believe in JAL's well-constructed recovery plan and we know that it will continue to be a great airline for generations to come."
Jackson Square Aviation is a full-service aircraft leasing company based in San Francisco with offices in Seattle, London, Toulouse and Miami, with an Asian office opening later in 2011.