Aviation Capital Group LLC has delivered a new Airbus A320neo aircraft equipped with CFM International LEAP-1A engines to Scandinavian Airlines under a long-term lease representing the tenth aircraft delivered to SAS.
Aviation Capital Group LLC (ACG) has announced that a new Airbus A320neo aircraft was delivered to Scandinavian Airlines (SAS) under a long-term lease. This delivery represents the tenth aircraft delivered to SAS as part of a larger multiple-aircraft sale-leaseback agreement between ACG and SAS. This strengthens the partnership between ACG and SAS, one with a number of aircraft lease solutions to meet the requirements of its clients.
The Airbus A320neo is amongst the most advanced aircraft equipped with CFM International LEAP-1A engines in terms of technology and fuel efficiency. This delivery underscores the commitment of ACG to provide top-notch aircraft leasing solutions to its customers.
ACG is an international leader in the provision of aircraft asset management solutions with core competences in aviation finance and commercial aircraft leasing. In addition to aircraft leasing, ACG provides tailored solutions for aircraft asset management in order to meet the fleet management needs of its clients.
As of December 31, 2023, ACG’s portfolio is composed of approximately 490 owned, managed, and committed aircraft. These aircraft are leased to 90 airlines across roughly 45 countries. ACG’s commercial aircraft leasing expertise, its provision of aircraft asset management services, and its provision of financing solutions have solidified its place as one of the premier aircraft asset managers across the globe.
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Aviation Capital Group is a wholly owned subsidiary of Tokyo Century Corporation and was founded in 1989. The company’s success and growth are evident in the continued expansion of its operations to satisfy the service and value criteria for its clients and partners in the aviation industry.
Question – What type of engines does the Airbus A320neo have?
Answer – CFM International LEAP-1A engines
Question – What are ACG’s core competences in the aviation industry?
Answer – aviation finance and commercial aircraft leasing
Question – How many airlines are ACG’s aircraft leased to?
Answer – 90
