Aviation Capital Group LLC has delivered a new Airbus A320neo jet equipped with CFM International LEAP-1A engines to Scandinavian Airlines marking the ninth out of ten aircraft scheduled to be delivered for sale-leaseback transaction.
Aviation Capital Group LLC (ACG), a leading global full-service aircraft asset manager, has announced the delivery of a new Airbus A320neo aircraft on a long-term lease to Scandinavian Airlines (SAS). This delivery marks the ninth out of ten aircraft scheduled to be delivered to SAS as part of a multiple-aircraft sale-leaseback transaction between ACG and the airline.
The newly delivered Airbus A320neo is equipped with CFM International LEAP-1A engines, showcasing the latest in fuel-efficient and environmentally friendly aircraft technology. This transaction underscores ACG’s commitment to providing modern and efficient aircraft to its airline partners, supporting SAS’s fleet management and operational requirements.
ACG is a premier full-service aircraft asset manager specializing in commercial aircraft leasing and aviation finance. In addition to offering aircraft leasing services, the company provides tailored aircraft asset management solutions to meet the fleet management needs of its customers. With a global presence, ACG manages a diverse portfolio of aircraft assets leased to approximately 90 airlines across 45 countries.
As of September 30, 2023, ACG’s portfolio includes over 490 owned, managed, and committed aircraft. The company has established itself as a key player in the aircraft leasing industry, offering a comprehensive range of services to support the evolving needs of its airline partners.
In addition to its leasing activities, ACG provides aircraft asset management services. This includes overseeing the maintenance, operational, and financial aspects of aircraft fleets, allowing airlines to focus on their core operations. ACG’s comprehensive approach to aircraft asset management aligns with the evolving needs of airlines seeking efficient and cost-effective solutions.
As a wholly owned subsidiary of Tokyo Century Corporation, ACG benefits from its strategic positioning within the aviation finance sector. The company’s commitment to delivering value to its airline partners and adapting to industry trends has contributed to its success and continued growth.
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In conclusion, the delivery of the Airbus A320neo to Scandinavian Airlines represents another milestone in ACG’s ongoing efforts to support airlines with modern and fuel-efficient aircraft. The strategic partnership between ACG and SAS underscores the importance of aircraft leasing solutions in meeting the operational and financial objectives of airlines in a dynamic aviation environment.
Question – What is the main focus of Aviation Capital Group?
Answer – Aviation Capital Group is a leading global full-service aircraft asset manager specializing in commercial aircraft leasing and aviation finance.
Question – What is the benefit of using Aviation Capital Group’s services for airlines?
Answer – Airlines can focus on their core operations while ACG oversees the maintenance, operational, and financial aspects of aircraft fleets.
Question –What is the strategic positioning of Aviation Capital Group within the aviation finance sector?
Answer –Aviation Capital Group is a wholly owned subsidiary of Tokyo Century Corporation, which gives it a strategic advantage in the aviation finance sector.
Note– MRO Business Today is the Principal Media Partner of the 5th MRO SOUTH ASIA SUMMIT 2024 co-located with the MRO XPO INDIA & AIRCRAFT INTERIORS INDIA 2024 to be held on 27,28 & 29 February 2024 at the Le Méridien New Delhi, India.
