Jackson Square Aviation Announces Boeing 777-300ER Delivery to Air France
SAN FRANCISCO, April 1, 2011 /PRNewswire/ -- Jackson Square Aviation ("JSA") is excited to announce the delivery of one Boeing B777-300ER to Air France, in connection with a long-term operating lease. DVB Bank, AG provided senior debt for the aircraft.
"We are thrilled to provide Air France with financing for this aircraft," said Chris Dailey, JSA's VP of Marketing. "This is the first of four 2011 deliveries we have in place with Air France, demonstrating our commitment to provide capital to airlines through bulk transactions tailored to each customer's specific needs. Between this B777 and three A320s which deliver later this year, we are delighted to count Air France amongst our largest customers."
Jackson Square Aviation is a full-service aircraft leasing company based in San Francisco with offices in Seattle, London and Miami, with an Asian office opening later in 2011. The management team, which had previously worked together at Pegasus Aviation Finance Company, has over 100 years of combined industry experience. JSA's current fleet (owned and committed) includes over 60 aircraft valued in excess of $3 billion, originated via sale/leasebacks with many of the world's leading airlines. Led by the seasoned aircraft leasing trio of Richard Wiley, Toby Bright and Scott Weiss, the team has collectively acquired over $10 billion of aircraft, has purchased and/or remarketed over 400 aircraft, and has developed relationships with over 30 commercial lenders and investment banks across Europe, Asia and North America. JSA's primary shareholder is Oaktree Capital Management, L.P., an $80+billion institutional money manager based in Los Angeles.
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