Debevoise & Plimpton LLP advised JetBlue Airways Corporation (“JetBlue”) in its $808 million offering of enhanced equipment trust certificates (“EETC”) secured by 17 Airbus A321-231 aircraft, which were delivered new to JetBlue from January 2015 to January 2017, and seven Airbus A321-271NX aircraft, which were delivered new to JetBlue from June 2019 to February 2020. The offering was comprised of a $635 million Class A tranche and a $172 million Class B tranche.

Debevoise also recently advised JetBlue in its $116 million Class B tranche 2019-1 EETC offering secured by 25 Airbus A321-231 aircraft, which were delivered new to JetBlue from February 2017 to December 2018.

The Debevoise team was led by aviation finance partner Brian Liu and included aviation finance associates Robert Gucwa, Lee Henderson and Kenneth Rich, capital markets partner Paul Rodel, counsel Joshua Samit and associates C. Chloe Orlando, Priya Soni and Abraham Williamson and tax partner Michael Bolotin and associate Benjamin Lee Friedman.