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  • ​FARNBOROUGH: Lessor Jackson Square orders 30 Max jets

​FARNBOROUGH: Lessor Jackson Square orders 30 Max jets

Leasing company Jackson Square Aviation has placed its first direct order with an aircraft manufacturer, signing for 30 Boeing 737 Max 8 narrowbodies.

Boeing, which puts the list-price value of the order at $3.5 billion, had previously listed the deal without attribution on its orders and deliveries website.

It says Jackson Square becomes the Max's 100th customer.

"We have carefully evaluated how speculative orders can enhance our long-term business model, and this transaction signifies the next step in that development," states the lessor's chief executive Toby Bright.

Boeing notes that San Francisco-based Jackson Square has since its founding in 2010 built a portfolio of more than 180 jets by buying aircraft from airlines through sale-and-leasebacks and pre-delivery payment financing agreements.

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