JACKSON SQUARE AVIATION ANNOUNCES $220 MILLION CREDIT FACILITY PROVIDED BY TWO LEADING GLOBAL FINANCIAL INSTITUTIONS

Jackson Square Aviation, LLC (“JSA””) is pleased to Announce that it has closed at $220 million secured credit facility, which provides the Company with committed long-term debt capacity. JSA is one of the world’s most active commercial aircraft lessors, and this facility provides the company with a key financing source to acquire modern, fuel-efficient aircraft for lease to its airline customers.

The facility provides JSA with availability to draw down to purchase aircraft through the end of 2012, with a term-out feature that extends to 2019. The facility will finance a mix of pre-committed aircraft and future Airbus and Boeing narrowbody deliveries.

The facility is underwritten by two of the world’s leading commercial aviation banks, Norddeutsche Landesbank Girozentrale and UniCredit Bank AG. This brings JSA’s total committed warehouse facility capacity to over $600 million. In addition to two warehouse facilities, JSA is an active borrower in the commercial bank markets, with export credit, and is also aiming to issue in the US capital markets in the second half of 2011.

“This facility enables JSA to further diversify its funding sources and provides committed capital for additional growth,” said Scoot Weiss, Jackson Square’s COO and Executive Vice President of Capital Markets. “We are actively growing and having this long-term solution to finance new deliveries is a major competitive advantage for us and for our customers. It’s another big step forward for us as we continue our high growth trajectory.”

Jackson Square Aviation is a full-service aircraft leasing company based in San Francisco with offices in Seattle, London, Toulouse, Singapore and Miami. JSA’s current fleet (owned and committed) includes nearly 70 aircraft valued in excess of $3 billion, originated via sale/leasebacks with many of the world’s leading airlines. Led by the seasoned aircraft leasing trio of Richard Wiley, Toby Bright and Scott Weiss, the team has collectively acquired over $11 billion of aircraft, has purchased and/or remarketed over 400 aircraft, and has developed relationships with over 30 commercial lenders and investment banks across Europe, Asia and North America. JSA’s primary shareholder is Oaktree Capital Management, L.P., an $80+ billion institutional money manager based in Los Angeles.