JetSmart

JetSMART selects RTX's Pratt & Whitney GTF™ engines to power an additional 35 Airbus A320neo family aircraft

Retrieved on: 
Wednesday, February 21, 2024

SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced that JetSMART has selected GTF engines to power an additional 35 Airbus A320neo family aircraft, including nine A321XLR aircraft. Pratt & Whitney will also provide JetSMART with GTF engine maintenance through an EngineWise® Comprehensive service agreement. 

Key Points: 
  • SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced that JetSMART has selected GTF engines to power an additional 35 Airbus A320neo family aircraft, including nine A321XLR aircraft.
  • JetSMART, an ultra low-cost carrier (ULCC), selected the GTF engine to power 70 A320neo family aircraft in June 2019.
  • The airline also operates an additional 15 leased GTF powered A320neo family aircraft and a fleet of 11 A320ceo family aircraft powered by the V2500® engine.
  • JetSMART has also concluded a support package with Pratt & Whitney for inspections of GTF engines, further strengthening the relationship as strategic partners.

Arajet Wins Second Place for ch-aviation’s North America’s Youngest Aircraft Fleet Award 2024

Retrieved on: 
Tuesday, January 30, 2024

ch-aviation, the world’s leading airline intelligence provider, recognized Arajet as the airline with the second youngest aircraft fleet in the Americas and as the third youngest fleet worldwide.

Key Points: 
  • ch-aviation, the world’s leading airline intelligence provider, recognized Arajet as the airline with the second youngest aircraft fleet in the Americas and as the third youngest fleet worldwide.
  • View the full release here: https://www.businesswire.com/news/home/20240130611489/en/
    According to ch-aviation, only Lynx Air, with an average of 2.81 years old, has a younger aircraft fleet in the Americas than Arajet, which has a fleet with an average of 2.93 years old.
  • The World’s Youngest Aircraft Fleet of the World ranking was led by Starlux Airlines followed by Lynx Air, Arajet, Vistara and JetSmart.
  • In 2024, Arajet will continue adding new aircraft to its fleet to further expand its network, which currently connects 23 destinations in 16 countries throughout the Americas.

PROS Holdings, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, October 31, 2023

The attached table provides a summary of PROS results for the period, including a reconciliation of GAAP to non-GAAP metrics.

Key Points: 
  • The attached table provides a summary of PROS results for the period, including a reconciliation of GAAP to non-GAAP metrics.
  • Welcomed many new customers who are adopting the PROS Platform such as Genesis Energy, GOL Airlines, JetSMART, SKS Airways, and Trivium Packaging, among others.
  • Expanded adoption of the PROS Platform within existing customers including Air New Zealand, Graybar, Ingredion, Spire Healthcare, and Turkish Airlines, among others.
  • PROS currently anticipates the following based on an estimated 47.5 million diluted weighted average shares outstanding for the fourth quarter of 2023 and a 22% non-GAAP estimated tax rate for the fourth quarter and full year 2023.

Griffin Global Asset Management Announces the Delivery of a Third Airbus A320neo to JetSMART Airlines

Retrieved on: 
Thursday, August 24, 2023

DUBLIN, Ireland, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Griffin Global Asset Management (“Griffin”) is pleased to announce the delivery of a third Airbus A320neo to JetSMART Airlines, a South American ultra low-cost carrier.

Key Points: 
  • DUBLIN, Ireland, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Griffin Global Asset Management (“Griffin”) is pleased to announce the delivery of a third Airbus A320neo to JetSMART Airlines, a South American ultra low-cost carrier.
  • This aircraft is the fourth of a mandate of nine A320neo family aircraft to deliver to JetSMART Airlines, and is the first Airbus aircraft manufactured in Mobile, Alabama to be delivered to a South American carrier.
  • “We are excited to continue supporting JetSMART Airlines’ rapid growth with the most modern and fuel efficient aircraft available.
  • JetSMART Airlines’ CEO, Estuardo Ortiz, commented: “We are proud to partner with Griffin to welcome the Guacamayo into our fleet, being the first Airbus A320neo manufactured in the United States to be operated in South America.

Aviation Capital Group Announces Delivery of One A321neo to JetSMART

Retrieved on: 
Friday, December 2, 2022

Aviation Capital Group LLC (ACG) announced the delivery of one new Airbus A321neo aircraft on long-term lease to JetSMART, as part of a three-aircraft sale and lease back transaction between ACG and JetSMART.

Key Points: 
  • Aviation Capital Group LLC (ACG) announced the delivery of one new Airbus A321neo aircraft on long-term lease to JetSMART, as part of a three-aircraft sale and lease back transaction between ACG and JetSMART.
  • View the full release here: https://www.businesswire.com/news/home/20221202005334/en/
    Aviation Capital Group Announces Delivery of One A321neo to JetSMART (Photo: Business Wire)
    Powered by Pratt & Whitney PW1133G-JM engines, this aircraft is the second A321neo to join the JetSMART fleet.
  • The A321neo incorporates new generation engines and Sharklets, which together deliver more than 20 percent fuel savings and CO2 emissions reduction, as well as a 50 percent noise reduction.
  • Such statements speak only as of the time when made, and ACG undertakes no obligation to update any such statement unless required by law.

Aviation Capital Group Announces Delivery of One A320neo to JetSMART

Retrieved on: 
Wednesday, November 23, 2022

Aviation Capital Group LLC (ACG) announced the delivery of one new Airbus A320neo aircraft on long-term lease to JetSMART.

Key Points: 
  • Aviation Capital Group LLC (ACG) announced the delivery of one new Airbus A320neo aircraft on long-term lease to JetSMART.
  • View the full release here: https://www.businesswire.com/news/home/20221123005490/en/
    Aviation Capital Group Announces Delivery of One A320neo to JetSMART (Photo: Business Wire)
    We are pleased to continue developing our partnership with JetSMART with this A320neo delivery.
  • This new A320neo, with the most efficient and advanced technology, shows our commitment to the development of our sustainable ultra-low-cost business in South America.
  • One more step closer to our goal of 100 aircraft by 2028, said Estuardo Ortiz, CEO of JetSMART.

Aviation Capital Group Announces Delivery of One A321neo to JetSMART

Retrieved on: 
Monday, October 3, 2022

Aviation Capital Group LLC (ACG) announced the delivery of one new Airbus A321neo aircraft on long-term lease to JetSMART, as part of a three-aircraft sale and lease back transaction between ACG and JetSMART.

Key Points: 
  • Aviation Capital Group LLC (ACG) announced the delivery of one new Airbus A321neo aircraft on long-term lease to JetSMART, as part of a three-aircraft sale and lease back transaction between ACG and JetSMART.
  • View the full release here: https://www.businesswire.com/news/home/20221003005894/en/
    Aviation Capital Group Announces Delivery of One A321neo to JetSMART (Photo: Business Wire)
    Powered by Pratt & Whitney PW1133G-JM engines, this aircraft is the second A321neo to join the JetSMART fleet.
  • The A321neo incorporates new generation engines and Sharklets, which together deliver more than 20 percent fuel savings and CO2 emissions reduction, as well as a 50 percent noise reduction.
  • Such statements speak only as of the time when made, and ACG undertakes no obligation to update any such statement unless required by law.

Aviation Capital Group Announces Delivery of One A321neo to JetSMART

Retrieved on: 
Thursday, July 28, 2022

Aviation Capital Group LLC (ACG) announced the delivery of one new Airbus A321neo aircraft on long-term lease to JetSMART, as part of a three-aircraft sale and lease back transaction between ACG and JetSMART.

Key Points: 
  • Aviation Capital Group LLC (ACG) announced the delivery of one new Airbus A321neo aircraft on long-term lease to JetSMART, as part of a three-aircraft sale and lease back transaction between ACG and JetSMART.
  • View the full release here: https://www.businesswire.com/news/home/20220727006079/en/
    Aviation Capital Group Announces Delivery of One A321neo to JetSMART (Photo: Business Wire)
    Powered by Pratt & Whitney PW1133G-JM engines, this aircraft is the first A321neo to join the JetSMART fleet.
  • We are honored to continue supporting JetSMART in their growth in Chile and Latin America with the delivery of this new fuel-efficient Airbus A321neo, said Marine Benoit, ACG Vice President Marketing for the Latin American region.
  • We value the support from ACG on our vision to reach 100 aircraft by 2028, said Estuardo Ortiz, CEO of JetSMART.

Griffin Global Asset Management Announces the Agreement to Purchase and Leaseback Seven Airbus A320-200neos and Two Airbus A321-200neos with JetSMART

Retrieved on: 
Thursday, June 16, 2022

DUBLIN, Ireland, June 16, 2022 (GLOBE NEWSWIRE) -- Griffin Global Asset Management ("Griffin") is pleased to announce the agreement to purchase and leaseback seven Airbus A320-200neo and two Airbus A321-200neo aircraft with JetSMART, a South American ultra low-cost carrier.

Key Points: 
  • DUBLIN, Ireland, June 16, 2022 (GLOBE NEWSWIRE) -- Griffin Global Asset Management ("Griffin") is pleased to announce the agreement to purchase and leaseback seven Airbus A320-200neo and two Airbus A321-200neo aircraft with JetSMART, a South American ultra low-cost carrier.
  • "We are pleased to welcome JetSMART to our growing list of airline partners.
  • Griffin is a commercial aircraft leasing and alternative asset management business with offices in Dublin, Ireland, Puerto Rico and Los Angeles, CA.
  • JetSMART customers benefit from an extensive point-to-point route network which connects secondary cities on direct flights throughout the region at ultra-low fares available at: www.jetsmart.com

Air Connectivity Between Peru and Latin American Countries Recovers Favorably In 2022

Retrieved on: 
Sunday, May 1, 2022

However, this commercial aviation growth was abruptly interrupted by the pandemic and border closures adopted by many countries.

Key Points: 
  • However, this commercial aviation growth was abruptly interrupted by the pandemic and border closures adopted by many countries.
  • Additionally, the new BoA route will offer service to Argentina (Buenos Aires) and Brazil (So Paulo) with a stopover in Peru (Lima).
  • During the second half of 2021, air connectivity to Peru began to take off, with increasing frequency of weekly flights between Latin American countries.
  • The airline Avianca returned to operate in Peru, Copa Airlines resumed its Panama - Chiclayo direct flight and LATAM restored its Crdoba - Lima route.