Former Pegasus Execs Launch New Aircraft Leasing Company



In a news release, newly formed Jackson Square Aviation (JSA) said Boeing delivered 737-800s to Japan Airlines (JAL) and Norwegian Air Shuttle last week. In sale-leaseback arrangements, both carriers immediately assigned the airplanes – one 737-800 each – to JSA , becoming the first new Boeing airplanes to be financed by the San Francisco-based company. These airplanes represent the first two of 11 new Boeing airplane deliveries JSA will be financing this year.

JSA is a full-service aircraft leasing company with offices in Seattle, London and Miami, with an Asian office opening in 2011. The management team, which had previously worked together at Pegasus Aviation Finance, has over 100 years of combined industry experience. Led by the seasoned aircraft leasing trio of Richard Wiley, Toby Bright and Scott Weiss, the team has collectively acquired over $11 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 has committed to a fleet of 48 aircraft in excess of $2 billion.

“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.”


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