Aviation Capital Group (ACG), a leading global full-service commercial aircraft leasing and asset management company headquartered in Newport Beach, California, has finalized a firm order for 75 A320neo Family aircraft from European manufacturer Airbus. This transaction brings ACG’s total historical order book for the aircraft type to 190 units.
Thomas Baker, Chief Executive Officer and President of ACG, emphasized the operational impact of the agreement:
“ACG’s portfolio strategy focuses on new-technology, single-aisle aircraft that are in highest demand by airlines globally. Placing the largest order in our nearly 40-year history is a testament to our confidence in the long-term future of air travel and ACG’s key role in connecting airlines, aircraft, and capital.”
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Strengthening a Commercial Partnership Initiated in 2007
This investment bolsters the long-term relationship between both companies, which began in 2007 when ACG placed its inaugural order with Airbus.
Benoît de Saint-Exupéry, Executive Vice President of Sales for Airbus Commercial Aircraft, highlighted the significance of the deal:
“This major investment reinforces our enduring partnership, which dates back to 2007 when ACG placed its first order with Airbus. It will enable ACG to offer the A320neo Family to its customers well into the next decade. We welcome ACG’s choice of the A320neo Family, the most modern and efficient single-aisle aircraft in the world.”
With this new 75-aircraft commitment, ACG secures a sustained pipeline of latest-generation narrowbody capacity in its portfolio, ensuring its ability to support airline customers well into the next decade.
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