Jetstar Japan completes leasing for 24 aircraft

Jetstar Japan finalised (12-Jul-2012) arrangements with five lessors that will purchase and lease 24 new A320 aircraft that Jetstar Japan will receive in the next three years. The aircraft are valued at over USD2 billion based on the Airbus list price. All of the aircraft have been sourced through the Qantas Group's existing fleet orders, allowing access to early delivery slots. The LCC commenced commercial operations on 03-Jul-2012 with three of the new A320 aircraft configured for 180 passengers. Its fourth aircraft will be delivered next month. The agreements are with five leasing companies, including Jetstar Japan shareholders Mitsubishi Corporation (through MC Aviation Partners), which will lease five aircraft, and Century Tokyo Leasing, which will lease six aircraft. GE Capital Aviation Services, Hong Kong Aviation Capital and Jackson Square Aviation are lessors for six, four and three aircraft respectively. The carrier, meanwhile, noted before its first flight, Jetstar Japan had sold well in excess of 100,000 fares. The airline will be operating up to 26 daily services by the end of Aug-2012 and is planning to introduce international flights during 2013. [more - original PR]