This marks the fourth delivery out of a total of ten aircraft scheduled to be delivered to SAS as part of a multiple-aircraft sale-leaseback transaction between ACG and Scandinavian Airlines.
Aviation Capital Group LLC (ACG) has announced the delivery of a new Airbus A320neo aircraft to Scandinavian Airlines (SAS) on a long-term lease. This marks the fourth delivery out of a total of ten aircraft scheduled to be delivered to SAS as part of a multiple-aircraft sale-leaseback transaction between ACG and the airline. The delivered Airbus A320neo features CFM International LEAP-1A engines, renowned for their fuel efficiency and performance. These engines are part of the LEAP engine family, known for their advanced technology and environmental benefits.
ACG, a leading aircraft asset manager, plays a crucial role in the global aviation industry. As of June 30, 2023, the company manages a diverse portfolio of over 480 owned, managed, and committed aircraft. These aircraft are leased to approximately 90 airlines operating in around 45 countries, highlighting ACG’s extensive global reach and influence.
Scandinavian Airlines, commonly known as SAS, is a prominent airline serving the Scandinavian region and beyond. The delivery of the fourth A320neo underscores the airline’s commitment to modernizing its fleet and incorporating fuel-efficient aircraft to enhance its operational efficiency and reduce its environmental footprint.
The Airbus A320neo family is known for its cutting-edge technology and superior performance. It features the latest innovations in aerodynamics, engines, and materials, resulting in improved fuel efficiency, reduced emissions, and enhanced passenger comfort. The LEAP-1A engines, in particular, provide a significant reduction in fuel consumption and carbon emissions, making them a preferred choice for environmentally conscious airlines like SAS.
SAS has been making strategic investments in its fleet to stay competitive in the dynamic aviation industry. The addition of new A320neo aircraft aligns with the airline’s goals of offering passengers a more efficient and environmentally responsible travel experience. These modern aircraft not only reduce operational costs but also contribute to SAS’s sustainability initiatives.
ACG’s role in facilitating the acquisition of these A320neo aircraft through a sale-leaseback arrangement demonstrates its commitment to supporting airlines in their fleet modernization efforts. Such transactions provide airlines with access to the latest technology and aircraft while optimizing their financial resources.
As aviation continues to evolve, partnerships between lessors like ACG and airlines like SAS play a pivotal role in ensuring that carriers have access to the most advanced and environmentally friendly aircraft. These collaborations contribute to the sustainability and growth of the aviation industry, benefitting both airlines and passengers alike.
Read More Stories…Avolon signs order for 20 Airbus A330neo jets
The delivery of the fourth Airbus A320neo to SAS represents another milestone in ACG’s commitment to providing innovative leasing solutions to airlines worldwide and supporting their operational excellence. This strategic partnership between ACG and SAS exemplifies the industry’s dedication to embracing technology and sustainability for a brighter and more efficient future of aviation.
