Showing posts with label Aviation Capital Group. Show all posts
Showing posts with label Aviation Capital Group. Show all posts

31 August, 2024

ACG leases a Boeing 737- MAX 9 to United Airlines

Aviation Capital Group LLC, a premier global full-service aircraft asset manager, announced the delivery of one Boeing 737 MAX 9 aircraft to United Airlines. Featuring CFM International LEAP-1B engines, this is the first aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and United Airlines.

“It is with great enthusiasm that we commemorate the delivery of United Airlines' latest Boeing 737 MAX 9 with Aviation Capital Group. This milestone marks a significant achievement in our successful partnership with United Airlines. Our collaboration continues to strengthen, driven by shared values and a mutual commitment to customer satisfaction. The Boeing 737-9 MAX is a testament to our dedication to advancing a greener, more sustainable future in aviation,” said Carter White, Executive Vice President and Chief Commercial Officer of ACG. “We eagerly anticipate the future as we continue our journey with United Airlines, setting new industry benchmarks for service excellence and environmental stewardship. With our shared values and commitment to innovation, we are confident that we will achieve even greater milestones in the years to come.”



“We are excited to take delivery of this 737-9 MAX, an important addition to our fleet. Our partnership with the team at Aviation Capital Group has been instrumental in supporting our fleet strategy, particularly as we invest in more fuel-efficient, customer-friendly aircraft,” said Pamela Hendry, Vice President and Treasurer of United Airlines.

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29 August, 2024

Aviation Capital Group delivers a Boeing 737-9 MAX to United Airlines

Aviation Capital Group, a premier global full-service aircraft asset manager, announced the delivery of one Boeing 737- MAX 9 aircraft to United Airlines. Featuring CFM International LEAP-1B engines, this is the first aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and United Airlines.



“It is with great enthusiasm that we commemorate the delivery of United Airlines’ latest Boeing 737-9 MAX with Aviation Capital Group. This milestone marks a significant achievement in our successful partnership with United Airlines. Our collaboration continues to strengthen, driven by shared values and a mutual commitment to customer satisfaction. The Boeing 737-9 MAX is a testament to our dedication to advancing a greener, more sustainable future in aviation,” said Carter White, Executive Vice President and Chief Commercial Officer of ACG. “We eagerly anticipate the future as we continue our journey with United Airlines, setting new industry benchmarks for service excellence and environmental stewardship. With our shared values and commitment to innovation, we are confident that we will achieve even greater milestones in the years to come.”


“We are excited to take delivery of this 737-9 MAX, an important addition to our fleet.  Our partnership with the team at Aviation Capital Group has been instrumental in supporting our fleet strategy, particularly as we invest in more fuel efficient, customer-friendly aircraft,” said Pamela Hendry, Vice President and Treasurer of United Airlines.

ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs.


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Condor gets another new Airbus A321neo from ACG

Aviation Capital Group LLC, a premier global full-service aircraft asset manager, announced the delivery of one A321neo to Condor Flugdienst. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the third of four aircraft scheduled to deliver to the airline.






ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services. The company provides aircraft asset management solutions tailored to meet the needs of its customers’ fleet management needs. 




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14 August, 2024

Aviation Capital Group announces delivery of a Boeing 737-800 to Avelo

Aviation Capital Group, a premier global full-service aircraft asset manager, announced the delivery of one Boeing 737-800 on long-term lease to Avelo Airlines Inc.

“We are delighted to deliver this aircraft to Avelo, a new lessee for ACG, and excited to broaden our customer base in North America,” said Alan Mangels, Vice President of Marketing for ACG. “The addition of this B737-800 aircraft will enable Avelo to further grow its network and we look forward to building a long-term partnership with the airline.”

Avelo Airlines Head of Commercial Trevor Yealy said, “We’re excited to accept delivery of this Boeing Next-Generation 737-800 from ACG. Growing our fleet is a big part of continuing to expand Avelo’s convenient, affordable, and reliable air service across our network. This new aircraft enables us to add more routes across our network, create more jobs in the communities we serve and continue our momentum of consecutive profitability quarters. We’re grateful for our partnership with ACG.”

ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, ACG provides aircraft asset management solutions tailored to meet our customers’ fleet management needs. 


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09 August, 2024

Aviation Capital Group announces the delivery of one Airbus A321neo to Condor

Aviation Capital Group, a premier global full-service aircraft asset manager, announced the delivery of one A321neo to Condor Flugdienst. The Airbus jet is powered by the ultra-efficient Pratt & Whitney GTF engines, this is the second of four aircraft scheduled to deliver to the airline.

ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs.


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Everyone can do their bit for the climate


CO2 emissions and climate protection are increasingly in focus when flying: Anyone flying on vacation or to visit family and friends can now choose how they want to contribute to a cleaner and better future with Condor. Condor is offering various packages on all flights with which customers can support the use of Sustainable Aviation Fuel (SAF) and selected climate protection projects. Initially, they support three specific projects that Condor has selected together with the non-profit climate protection organization myclimate. The amount of the voluntary climate contribution can be determined during the booking process or afterwards up until departure.

From now on, Condor guests will also receive information on how much CO2 is produced on average for the seat they have booked. There is a total of eight climate packages to choose from. The first climate package of 50 kg CO2 can also be booked by existing customers for EUR 19.99. Those who would like to take into account the journey to the airport as well as the flight can also purchase climate contributions for larger amounts of CO2 than those incurred for their own Condor flight via Condor.

Peter Gerber, CEO at Condor: “A sense of responsibility and sustainability are an essential part of our corporate culture. We are aware that the ecological impact of our actions must be considered to ensure long-term business success - both at our company location in Germany and in the numerous destinations we fly to.”


The three selected projects will be implemented in Europe, Africa and the Caribbean. Specifically, this involves a support program for the expansion of agroforests in German-speaking countries, low-emission stoves in rural regions of Kenya and a solar power plant in the Dominican Republic.

In addition to the introduction of the climate contribution, Condor supports the aviation industry's goal of being CO2-neutral by 2050 through CO2 reduction and compensation. Fleet renewal is also making a significant contribution to this. Since March 2024, only factory-new A330neo aircraft have been used on Condor's long-haul routes. Since then, the modernization course on short and medium-haul routes has continued with 43 A32Xneo orders. Once the modernization is complete, Condor will have the youngest fleet in Europe. As part of the InnoFuels project, the airline is also committed to making the use of regenerative fuels more tangible, thus laying another important foundation stone for the use of low-emission fuels. Condor is also actively involved in the “100 Flights Trail” of the Climate Neutral Aviation Working Group, which tests whether non-CO2 effects such as contrails can be avoided by flying around climate-sensitive areas.com

27 July, 2024

Aviation Capital Group announces silver level Airlink sponsorship

Aviation Capital Group, a premier global full-service aircraft asset manager, announced its $25,000 sponsorship at the “Silver Level” to Airlink. Airlink is a global humanitarian nonprofit organization delivering critical aid to communities in crisis by providing free airlift and logistical solutions to vetted nonprofit partners, changing how the humanitarian community responds to disasters worldwide. Its network includes over 200 aid organizations and more than 50 commercial and charter airlines. Since its inception in 2010, Airlink has flown over 12,500 relief workers and transported nearly 17,000,000 pounds of humanitarian cargo, directly helping over 59 million people impacted by natural and man-made disasters.

“We are thrilled to announce our sponsorship of Airlink,” said Gordon Grant, Vice President and Head of ESG at ACG. “By continuing to support Airlink’s humanitarian efforts, we are investing in a brighter future for those in need and reaffirming our dedication to fostering compassion, hope, and lasting change."

“Aviation Capital Group's sponsorship underscores the importance of strong partnerships within the aviation industry. Consistent, annual support is vital for Airlink, enabling us to sustain our long-term programs and support communities in crisis, not just during sudden-onset disasters. With ACG's ongoing commitment, we can enhance our preparedness and response capabilities, ensuring we are always ready to deliver critical aid when it is needed most,” says Steven J. Smith, Airlink President & CEO.



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15 July, 2024

Aviation Capital Group expands order for Boeing 737 MAX portfolio by 35 Jets

 Boeing and Aviation Capital Group LLC have inked a deal today for an order of 35 737 MAX jets, including 16 737 MAX 8 and 19 of the larger 737 MAX10 variant. Following an incremental 737 MAX order last year, this new purchase increases ACG's 737 MAX commitment to 82 orders as ACG seeks to profit from growing travel demand. 


"This firm order for additional 737 MAX aircraft enhances the strategic value of ACG's order book, supports a key pillar of our growth strategy and reinforces our commitment to invest in modern and fuel-efficient aircraft technology," said Thomas Baker, Chief Executive Officer and President at ACG. "We look forward to supporting our airline customers throughout the world with these highly versatile and fuel-efficient aircraft."

The 737 MAX 8 can carry up to 210 passengers based on the tightest configuration, while the 737 MAX 10, the largest 737 MAX model is said to accommodate 230 passengers with a range of 3,100 nautical miles.  

"Today's repeat order demonstrates market demand for the 737 MAX family of aeroplanes as ACG's customers seek to operate flexible, fuel-efficient fleets," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. "ACG has been a longstanding, valued partner on the 737 MAX program, and we look forward to working together to deliver the latest aeroplane technology to its airline customers."

Aviation Capital Group is one of the world's premier full-service aircraft asset managers with over 480 owned, managed and committed aircraft as of March 31, 2024, leased to roughly 90 airlines in approximately 45 countries. It specializes in commercial aircraft leasing and provides certain aircraft asset management services and aircraft financing solutions for third parties. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation.


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01 July, 2024

Cebu Pacific gets another new Airbus jet.

Aviation Capital Group LLC has announced the delivery of one A321neo aircraft on long-term lease to Cebu Pacific. Powered by the ultra-efficient Pratt & Whitney GTF engines, the aircraft was delivered to the airline as part of a sale-leaseback transaction between ACG and Cebu Pacific.

“We are thrilled to finalize this sale-leaseback transaction with Cebu Pacific and contributing to Cebu’s continued success in the dynamic Asia-Pacific market, while also nurturing future growth in our partnership,” said Ryan Barret, Senior Vice President and Head of Marketing at ACG.

“We are delighted to be able to work with ACG on this transaction and look forward to seeing the partnership grow over time,” said Mark Julius Cezar, Chief Financial Officer at Cebu Pacific.
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ACG delivers a new Airbus A321neo to Volaris

Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one A321neo aircraft on long-term lease to Volaris. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the third of four aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and Volaris.
ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs.

21 June, 2024

One new Airbus A321neo delivered to Condor

Aviation Capital Group LLC, a premier global full-service aircraft asset manager, has confirmed the delivery of one A321neo to Condor Flugdienst. The jet is powered by the ultra-efficient Pratt & Whitney GTF engines and is the first of four aircraft scheduled to be delivered to the airline by ACG.



“It is with great pride and enthusiasm that we commemorate the delivery of Condor Flugdienst’s first Airbus A321neo. This milestone marks a significant achievement in our flourishing partnership with Condor, an airline renowned for its exceptional service and operational excellence. Our collaboration continues to strengthen, driven by shared values and a mutual commitment to innovation, customer satisfaction, and the environment,” said Carter White, ACG Executive Vice President and Chief Commercial Officer.

"After the first A320neo joined Condor’s fleet in April, we are now delighted to take delivery of the first A321neo with ACG, which will be the backbone of our short-medium haul fleet," said Björn Walter, CFO of Condor. "With the continuation of the fleet renewal on short and medium-haul routes, Condor will soon be operating the most modern fleet in Europe."



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24 May, 2024

Aviation Capital Group announces delivery of an Airbus A320neo to SAS

Aviation Capital Group, a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines. Featuring CFM International LEAP-1A engines, this is the last aircraft scheduled to deliver to the airline as part of a 12-aircraft sale-leaseback transaction between ACG and SAS.

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with approximately 480 owned, managed and committed aircraft as of March 31, 2024, leased to roughly 90 airlines in approximately 45 countries. It specializes in commercial aircraft leasing and provides certain aircraft asset management services and aircraft financing solutions for third parties. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation.




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06 May, 2024

Aviation Capital Group promotes Rob Downes to Chief Investment Officer and John Nally to Head of Aircraft Trading


Aviation Capital Group, a premier global full-service aircraft asset manager, is pleased to announce the promotions of Rob Downes and John Nally to key leadership positions effective today.

Rob Downes, currently Head of our Aircraft Trading business, has been promoted to the newly created position of Senior Vice President and Chief Investment Officer and will join ACG’s Senior Leadership Team. In his new role, Rob will help design and implement strategic and asset investment activities to drive ACG’s continued growth and profitability.


John Nally, a member of our Trading team since 2021, has been promoted to Vice President, Head of Aircraft Trading. John will lead the company’s aircraft trading initiatives, spearheading efforts to optimize ACG’s asset portfolio and strengthen its position in the global aviation market.

“Rob and John have been key to the execution of ACG’s commercial strategy for the past several years, demonstrating sound understanding of the market, exceptional leadership, and solid execution. Their promotions reflect ACG’s commitment to developing, enabling and advancing talent within our business. We are excited for the significant positive impact they will have in their expanded roles,” said Thomas Baker, CEO and President of ACG.



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02 May, 2024

Aviation Capital Group announces key leadership promotions.

Aviation Capital Group, the global aircraft asset manager, has announced the promotions of Rob Downes and John Nally to key leadership positions effective immediately.

Rob Downes, currently Head of our Aircraft Trading business, has been promoted to the newly created position of Senior Vice President and Chief Investment Officer and will join ACG’s Senior Leadership Team.  In his new role, Rob will help design and implement strategic and asset investment activities to drive ACG’s continued growth and profitability.

John Nally, a member of our Trading team since 2021, has been promoted to Vice President, Head of Aircraft Trading.  John will lead the company’s aircraft trading initiatives, spearheading efforts to optimize ACG’s asset portfolio and strengthen its position in the global aviation market.

“Rob and John have been key to the execution of ACG’s commercial strategy for the past several years, demonstrating sound understanding of the market, exceptional leadership, and solid execution.  Their promotions reflect ACG’s commitment to developing, enabling and advancing talent within our business.  We are excited for the significant positive impact they will have in their expanded roles,” said Thomas Baker, CEO and President of ACG.




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14 April, 2024

SKY Airline gets a new Airbus A321neo jet on long-term lease


Aviation Capital Group, a global full-service aircraft asset manager, confirmed the delivery of one new Airbus A321neo aircraft on long-term lease to SKY Airline. This jet features CFM International LEAP-1A engines and is the second of two aircraft scheduled to be delivered to the airline.

ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs. 



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06 April, 2024

Aviation Capital Group Announces Delivery of One A321neo to SKY Airline

-Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A321neo aircraft on long-term lease to SKY Airline. Featuring CFM International LEAP-1A engines, this is the first of two aircraft scheduled to be delivered to the airline.


“We are very happy to support SKY Airline with the delivery of this A321neo, enabling it to expand its network and to have one of the most modern fleets in the Americas. When SKY Airline transitioned to the A320 family, the first A320ceo operated by SKY Airline was leased by ACG and after several years, we are proud to reinforce our partnership with the delivery of this A321neo,” said Armando Belchior Nunes, ACG Vice President Marketing for Latin and South America.

“We are happy to add a new Airbus 321neo into our fleet. We want to thank ACG for being once again a partner in SKY’s history, which allows us to continue expanding our network and having the most modern and efficient fleet on the continent,” said Juan Pablo Latorre, CFO SKY Airline.

ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs.




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19 March, 2024

One A320-200 arrives for Canada Jetlines

Aviation Capital Group has confirmed the delivery of one Airbus A320-200 on long-term lease to Canada Jetlines. 


“ACG is proud to broaden its footprint in North America and is pleased to welcome Canada Jetlines as a new lessee,” said Alan Mangels, Vice President of Marketing for ACG. “We look forward to this new, long-term partnership.”

“Canada Jetlines is delighted to join forces with ACG as we continue to strengthen our fleet and expand our reach,” said Eddy Doyle, CEO of Canada Jetlines. “This partnership exemplifies our dedication to working with industry leaders.”

ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, ACG provides aircraft asset management solutions tailored to meet our customers’ fleet management needs. The firm has approximately 490 owned, managed and committed aircraft as of December 31, 2023, leased to roughly 90 airlines in approximately 45 countries. It specializes in commercial aircraft leasing and provides certain aircraft asset management services and aircraft financing solutions for third parties. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation.

Canada Jetlines, is a Canadian leisure airline committed to providing an exciting travel experience to its passengers. With a growing network of destinations, Canada Jetlines is dedicated to connecting Canadians with some of the world’s most captivating and sought-after locations.


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23 February, 2024

Aviation Capital Group Publishes ESG Report for 2023

Aviation Capital Group LLC  announced this week the publication of its annual Environmental, Social and Governance Report, for the year ended December 31, 2023.

“This year, we moved up publication of the Report to accompany the release of our annual financial statements, underscoring how our commitments to sustainability, social responsibility, and sound governance are inexorably linked to our financial performance,” said Thomas Baker, CEO and President of ACG. “The Report details several initiatives and programs we have established and highlights some of the strategic partnerships and investments we made during 2023.”

In 2023, ACG carried out its first sustainability materiality assessment, which is detailed in the Report. The insights and perspectives gained from this assessment will shape the trajectory of ACG’s ESG strategy and help frame ACG’s action plan for serving each of its key stakeholders.

“This Report embodies our unwavering dedication to environmental stewardship, social responsibility, and governance excellence, reflecting our pledge to create enduring value for all stakeholders,” said Gordon Grant, Vice President and Head of ESG at ACG. “It marks a milestone in our journey toward sustainability, demonstrating the concrete steps we are taking as we prepare to implement our ESG action plan."

The ESG Report can be found on our website at www.aviationcapital.com/investors/



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12 February, 2024

Aviation Capital Group delivers a Boeing 737-800 to Yukon’s Airline - Air North,


Leasing giant Aviation Capital Group has confirmed the delivery of one Boeing 737-800 aircraft to Whitehorse, Yukon Territory Canada-based Air North, Yukon’s Airline. 

We are thrilled to welcome Air North as a new customer for ACG and look forward to participating in the airline’s almost 50-year history by providing important air transportation to the Yukon Territory residents and visitors,” said Alan Mangels, Vice President of Marketing for ACG.

“With today’s increasing focus on the environment, moving ahead to Next Generation Boeing 737’s is a significant step for us. Passengers will be impressed by the contemporary, comfortable cabin, and the fuel efficiency and other cost savings will help us to deliver a great product at a fair price for years to come,” said Joseph Sparling, CEO and co-founder of Air North.

ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs. 

One of the Air North fleet takes to the skies.....







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