SKY Leasing to sell and leaseback 6 A321-200NEO aircraft with JetBlue

SKY Leasing has announced it has signed an agreement with JetBlue for the sale and leaseback of (6) A321-200NEO aircraft, the company said.

The transaction covers deliveries to JetBlue from Q2 to Q4 2020.

SKY Leasing said this transaction will help offset capital expenditures on newest and most fuel-efficient aircraft in 2020 as the company continues to focus on minimizing cash burn.

SKY Leasing is a premier aircraft leasing asset manager with offices in Dublin, Ireland and San Francisco, California.