JetSMART Leases Three A320neo Family Aircraft Amid South American Expansion
JetSMART Airlines, South America’s leading ultra low-cost carrier (ULCC), is set to strengthen its regional dominance with a new agreement to lease three fuel-efficient Airbus aircraft from BOC Aviation Limited.
The deal includes two A321neo and one A320neo aircraft, all powered by Pratt & Whitney GTFTM engines, with delivery slated for 2027.
This move aligns with JetSMART’s ambitious growth strategy, cementing its position as a key player in Latin America’s aviation market.
JetSMART South American Operations
Founded in 2016, JetSMART has transformed air travel in South America by offering affordable fares and connecting underserved cities.
Operating a modern fleet of 49 Airbus A320 and A321 aircraft, the airline serves over 80 routes across nine countries, including Chile, Argentina, Peru, Colombia, Brazil, Uruguay, Paraguay, Ecuador, and the Dominican Republic.
By prioritizing low-cost travel, JetSMART has made flying accessible to millions, driving competition and lowering prices in every market it enters.
Continued Partnership with BOC Aviation
The new lease agreement with BOC Aviation marks the third collaboration between the two companies. It highlights JetSMART’s focus on building long-term partnerships with key industry players.
Estuardo Ortiz, JetSMART’s Chief Executive Officer and Founder commented on the lease acquisition. “This agreement supports our vision of operating a modern, fuel-efficient, and environmentally responsible fleet.”
“With these aircraft, we’re advancing toward our goal of carrying 100 million passengers by 2028 and expanding our fleet to 120 aircraft by 2031.”
BOC Aviation, a global leader in aircraft leasing, praised JetSMART’s growth trajectory. “We’re thrilled to support JetSMART’s expansion in the growing Latin American market,” said Steven Townend, BOC Aviation’s Chief Executive Officer.
“These A320neo family aircraft will help JetSMART achieve its fleet expansion ambitions efficiently.”
Conclusion
JetSMART’s low-cost model, backed by Indigo Partners and American Airlines, has earned it widespread recognition.
SKYTRAX named the airline Best Low-Cost Airline in South America in 2021, 2023, and 2025, reflecting its operational excellence.
Its partnership with American Airlines also allows passengers to earn AAdvantage miles, enhancing its appeal.
By securing these advanced, eco-friendly aircraft, JetSMART is poised to further its mission of affordable, sustainable air travel.