Jackson Square Aviation (JSA), a full-service commercial aircraft lessor based in San Francisco, is pleased to announce the delivery of one new Airbus A350-900 aircraft on lease to Ethiopian Airlines. This is the first A350 XWB family aircraft to be financed by JSA.
“We are proud to deliver this new technology widebody A350-900 aircraft to the leading African carrier,” said Toby Bright, President & CEO. He added, “We look forward to expanding the relationship with Ethiopian Airlines for further support of their fleet growth strategy.”
Christophe Million-Rousseau, SVP Marketing and Capital Markets, further commented: “It is a great honor that JSA’s first A350 acquisition is in the Ethiopian Airlines’ livery. We thank Ethiopian Airlines for their renewed trust.”
Ethiopian Group CEO, Mr. Tewolde GebreMariam said, ”The operational performance and efficiency we have achieved with our initial A350-900’s have resulted in growing order placements thereby complementing our ever-expanding global network. While operating the youngest and most modern fleet with an average of less than five years of age, we are delighted to partner with Jackson Square Aviation, a full-service aircraft leasing company, to further include one more Airbus A350 XWB among the seven A350s already deployed on our long haul routes. Moreover, we are glad that we will soon be marking 100th Aircraft milestone, which showcases Ethiopian as the first African carrier to own and operate 100 young and most modern fleet. We value the partnership with Jackson Square and look forward to successful future collaborations.”
Ethiopian Airlines (Ethiopian) is the fastest growing Airline in Africa. In its seventy plus years of operation, Ethiopian has become one of the continent’s leading carriers, unrivaled in efficiency and operational success.
Ethiopian commands the lion’s share of the pan-African passenger and cargo network operating the youngest and most modern fleet to more than 100 international passenger and cargo destinations across five continents. Ethiopian fleet includes ultra-modern and environmentally friendly aircraft such as Airbus A350, Boeing 787-8, Boeing 787-9, Boeing 777-300ER, Boeing 777-200LR, Boeing 777-200 Freighter, Bombardier Q-400 double cabin with an average fleet age of five years. In fact, Ethiopian is the first airline in Africa to own and operate these aircraft.
Ethiopian is currently implementing a 15-year strategic plan called Vision 2025 that will see it become the leading aviation group in Africa with seven business centers: Ethiopian Regional Services; Ethiopian International Services; Ethiopian Cargo Services; Ethiopian MRO Services; Ethiopian Aviation Academy; Ethiopian In-flight Catering; Ethiopian Ground Services and Ethiopian Airports Services. Ethiopian is a multi-award winning airline registering an average growth of 25% in the past seven years.