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Jackson Square Aviation becomes 100th customer of Boening 737 MAX program with an order valued at $3.5 billion.
Boeing [NYSE: BA] and Jackson Square Aviation (JSA) announced the leasing company has ordered 30 737 MAX airplanes in its first direct purchase from a jet maker, reflecting the evolution of the airplane lessor’s business and its confidence in the market for 737 MAXs.
The two companies unveiled the $3.5 billion deal – per current list prices – during a signing ceremony at the 2018 Farnborough International Airshow. The order, previously unidentified on Boeing’s Orders & Deliveries website, represents the 100th customer for the 737 MAX program.
“Today’s order is an exciting moment in the history of Jackson Square Aviation,” said Toby Bright, JSA’s chief executive officer. “We are excited to become even more of a full-service partner for our airline customers by expanding our fleet of 737 MAX airplanes as global demand for narrow-body jets continues to ris
Explained in charts: How debt funds dealt with credit risks in 2020
The Franklin Templeton crisis spelled doom for low-rated bonds. But fund managers believe that the worst is over for credit risk funds January 25, 2021 / 09:19 AM IST
It has been a tough couple of years for debt funds, ever since the Infrastructure & Leasing Finance Corporation (IL&FS) crisis triggered a wave of bond defaults in 2018 and later.
What did debt funds learn and how did they cope in 2020? Through five charts, Moneycontrol tells you the tale of the painful lesson debt funds learnt from the credit crisis. But the big question is: Are debt funds out of the woods yet?