BOC Aviation has signed a deal to place six Airbus A320neo aircraft with South American ultra-low-cost carrier JetSMART Airlines.
All six aircraft are powered by Pratt & Whitney’s PurePower PW1100G-JM engines, and are scheduled for delivery in 2024. Founded in 2016, JetSMART Airlines has domestic operations in Chile, Argentina and Peru and international services to Colombia, Uruguay and Brazil. It operates an extensive point-to-point route network which connects secondary cities on direct flights throughout South America.
JetSMART is part of the airline portfolio of US private equity firm Indigo Partners, which includes Frontier Airlines in the United States, Wizz Air in Europe, Volaris in Mexico, Lynx Air in Canada and Cebu Pacific in Asia.
“We are delighted to welcome JetSMART as a new customer and we look forward to supporting the airline’s growth plans in the South American region,” says Robert Martin, BOC Aviation managing director and chief executive officer. “This transaction is testament to BOC Aviation’s ability to provide our customers with large-scale financing solutions as well as technologically advanced aircraft.”
Hong Kong Stock Exchange-listed BOC Aviation has a fleet of 608 aircraft owned, managed and on order.