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

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.




.

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.



.


  

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.




.

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. 



.
Special discount limited time offer save up to 30% now. 

 

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.




Save up to 30% now.

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.


Your travel planning isn’t complete without learning the language—or at least some essential phrases. Fully immerse yourself in the language, or use Phrasebook to learn travel essentials—the choice is yours!

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/



Your travel planning isn’t complete without learning the language—or at least some essential phrases. Fully immerse yourself in the language, or use Phrasebook to learn travel essentials—the choice is yours!



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.....







05 February, 2024

Another new Airbus jet for Spirit.

Spirit Airlines has taken delivery of one new Airbus A321neo aircraft on long-term lease basis from Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager.  The new jet is powered by ultra-efficient Pratt & Whitney GTF engines and is the fourth of four aircraft ordered from ACG and taken from their existing orderbook with planemaker Airbus.


ACG is one of the globe's leading aircraft leasing firms, with over 490 owned, managed and committed aircraft as of September 30, 2023, leased to roughly 90 airlines in approximately 45 countries.

The budget carrier recently celebrated twenty years of flying between the U.S. and Mexico, with its routes to  Cancun International Airport.  "For 20 years, we've been pleased to offer our Guests affordable, nonstop service to Cancun, making the popular beach destination more accessible and affordable with the opportunity to save on airfare while enjoying more of Cancun's tourist attractions," said John Kirby, Vice President of Network Planning at Spirit Airlines. "We're grateful to Cancun International Airport and our Guests in Southeast Mexico for embracing our business model and trusting us with their travels for the past two decades."

Spirit currently offers nonstop service from Cancun to nine cities in the United States: Baltimore (BWI), Chicago (ORD), Dallas (DFW), Detroit (DTW), Fort Lauderdale (FLL), Houston (IAH), Orlando (MCO), New Orleans (MSY) and Philadelphia (PHL). 



27 January, 2024

Another new Airbus jet for 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 (“SAS”). Featuring CFM International LEAP-1A engines, this is the ninth of ten aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

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.

16 December, 2023

Aviation Capital Group confirms delivery of an Airbus A321ceo to Viva Aerobus

Aviation Capital Group has confirmed the lease of an Airbus A321ceo aircraft to Viva Aerobus




Aviation Capital Group has confirmed the delivery of one Airbus A321ceo aircraft on lease to Viva Aerobus. This is the eighth Airbus A320 family aircraft currently leased by ACG to Viva Aerobus.  “We are very pleased to continue growing our relationship with such a valuable partner as Viva Aerobus,” said Armando Belchior Nunes, ACG’s VP of Marketing, Latin America.

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with over 490 owned, managed and committed aircraft as of September 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation.


November  traffic performance

Viva Aerobus’ passenger traffic increased 13.0% compared to November 2022, reaching 2.2 million passengers, driven by an increase of 14.1% and 3.2% in domestic and international traffic, respectively. Load factors reached 86.8% compared to 85.9% in 2022, with a load factor mix of 88.1% and 80.2% in domestic and international, respectively.

Viva Aerobus grew its total capacity in available seat miles (ASMs) by 12.0% compared to November 2022, reflecting an increase of 13.5% and 4.8% in domestic and international, respectively.

“November traffic was robust, with passenger demand outpacing capacity growth, allowing us to maintain a healthy load factor of 86.8%. As we close the year, demand trends remain positive in domestic and international markets, supporting our disciplined growth. Moving forward, we are managing the variables in our control to partially mitigate the impact of Pratt & Whitney GTF engine inspections on our operation, with the second phase starting in early 2024.” said Juan Carlos Zuazua, CEO of Viva Aerobus.





14 December, 2023

Aviation Capital Group confirms delivery of one Airbus A320neo to SAS


Aviation Capital Group 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 seventh of ten aircraft scheduled to be delivered to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with over 490 owned, managed and committed aircraft as of September 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation.

06 December, 2023

ACG deliver the 6th of 10 Airbus jets to SAS


Aviation Capital Group, one of the world’s premier full-service aircraft asset managers with over 490 owned, managed and committed aircraft as of September 30, 2023, leased to roughly 90 airlines in approximately 45 countries, has just confirmed the delivery of one new Airbus A320neo to SAS.

The jet aircraft is on long-term lease to Scandinavian Airlines and is powered by CFM International LEAP-1A engines. This is the sixth of ten aircraft scheduled to be delivered to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

04 December, 2023

Aviation Capital Group confirms delivery of a new Airbus A321neo to Volaris


Aviation Capital Group has confirmed the delivery of one new Airbus A321neo aircraft on long-term lease to Volaris. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the first of four aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and Volaris.


Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with over 490 owned, managed and committed aircraft as of September 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation.


Volaris, the low-cost airline recently released details of its third quarter results which a 10% increase on total operating revenues of $848 million, with available seat miles up 8.2% to 10.1 billion.  Net loss of $39 million with EBITDAR of $207 million.

Enrique Beltranena, President and chief Executive Officer, said: “Volaris' performance in the third quarter showed resilience, resulting in revenue growth. This growth was mainly due to increased passenger volumes and record-high ancillary revenue per passenger. We achieved this by maintaining strong cost control, especially when it came to non-fuel expenses.

Despite facing challenges related to Pratt & Whitney's GTF preventive accelerated inspections, Volaris is fully committed to ensuring the safety, financial stability, and long-term success of our airline. We are actively addressing the global issue of engine inspections affecting multiple airlines and are working closely with Pratt & Whitney to obtain the necessary technical support and financial compensation for the affected engines.

We’ve developed a mitigation plan to partially offset the impact. Our focus for 2024 is to maximize unit revenues and margins while optimizing our network to the best extent possible given the current environment.”

 

28 November, 2023

Aviation Capital Group delivers an Airbus A320neo to SAS


Aviation Capital Group LLC announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines. This new jet is powered by CFM International LEAP-1A engines, this is the fifth of ten aircraft scheduled to be delivered to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.


Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with over 490 owned, managed and committed aircraft as of September 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation. 


04 November, 2023

Aviation Capital Group Announces Delivery of One A320neo to FlyArystan


Aviation Capital Group announced the delivery of one new Airbus A320neo aircraft on long-term lease to FlyArystan. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the third of three aircraft to be delivered to the airline from ACG’s order book with Airbus.

“ACG is thrilled to deliver another A320neo to Air Astana and FlyArystan,” said Claudio Cheinquer, ACG Vice President Marketing for Eastern Europe, Central Asia and Middle East. “This is the third new A320neo on lease from ACG to Central Asian low-cost carrier, FlyArystan, a sustainable and very cost-effective platform that will help the airline maintain its growth trajectory.”

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 June 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation. 





02 November, 2023

Aviation Capital Group names Vicente Alava Pons as managing director of aircraft financing solutions


Aviation Capital Group LLC has named Vicente Alava Pons as the new Managing Director of the Aircraft Financing Solutions (AFS) team. Pons will be based in Europe, supporting the growth of ACG’s AFS business by developing and structuring new creative financing solutions for airlines and lenders worldwide.

"We are delighted to welcome Vicente to the ACG team. He brings a wealth of experience and expertise that will undoubtedly contribute to our collective success,” said Carter White, EVP and Chief Revenue Officer at ACG. “Vicente brings innovative perspectives that will play a pivotal role in steering our company towards continued growth and success. We believe that his dynamic skills and fresh perspective will enrich our workplace and propel us towards our shared goals. We are excited to have him on board and are confident that he will make significant contributions in driving our company's strategic initiatives forward.”

Pons has over 27 years of experience in aircraft financing, having worked extensively in the origination and structuring of aircraft-secured loans for global aviation clients. He spent a large part of his career with DVB Bank leading its regional aviation finance origination teams in APAC and EMEA before transitioning to senior roles at MUFG Bank and more recently LR AirFinance. Pons holds a master’s degree in economics from the University of Duisburg-Essen, Germany.

"I am excited to join a well-established and world-leading aircraft lessor like ACG and contribute to expanding the Aircraft Financing Solutions group’s business potential,” said Pons. “My previous experience and knowledge of the aviation finance value chain align well with ACG's product suite and I look forward to working alongside its strong team of aviation finance experts."

.
If interested in a career in aircraft leasing, asset management or finance, visit https://www.aviationcapitalgroup.com/careers/






07 September, 2023

Aviation Capital Group completes deal for 13 Boeing 737 MAX Jets

Plane maker Boeing and aircraft leasing giant Aviation Capital Group have completed negotiations for 13 737 MAX jets, increasing the lessor’s order book to 47 737 MAXs aircraft.

The new, incremental order includes seven 737- MAX 8 and six 737- MAX 10 jets as ACG grows its single-aisle options to meet robust customer demand for the fuel-efficient 737 MAX airplane family.

Steven Udvar-Hazy, Senior Vice President and Chief of Aircraft Operations at ACG. “We are pleased to expand ACG’s commitment to the 737 MAX programme. This additional order will allow ACG to offer highly fuel efficient and versatile aircraft to our airline customers worldwide,”

Boeing advises that the 737- MAX 8 can carry up to 210 passengers based on configuration with a range of 3,500 nautical miles, while the 737- MAX 10, the largest 737 MAX model, seats up to 230 passengers with a range of 3,100 nautical miles. Both variants can reduce fuel use and carbon emissions by 20% compared to the earlier Boeing aircraft they replace.

“ACG’s growing and diverse 737 MAX portfolio allows its customers to operate a more sustainable, efficient fleet,” said Christy Reese, vice president of Global Leasing Commercial Sales & Marketing, Boeing Commercial Airplanes. “We look forward to helping ACG deliver the most fuel-efficient airplanes in the industry to its airline partners.”

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 June 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation. 

Boeing's MAX aircraft were grounded worldwide between March 2019 and January 2021 after 346 people died in two crashes of the type. The U.S. Federal Aviation Administration was the last major aviation regulator to ground the type following the Lion Air Flight 610 on 29 October 2018 and Ethiopian Airlines Flight 302 on 10th March 10, 2019, crashes. These disasters were caused largely by a flaws in its new Maneuvering Characteristics Augmentation System (MCAS). Since then, a series of other design, production and safety issues have caused delays to the programme. 

03 September, 2023

Aviation Capital Group delivers a new Airbus A320neo to SAS


Aviation Capital Group LLC has announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the fourth of ten aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

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 June 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation.

26 August, 2023

Aviation Capital Group publishes Environmental, Social and Governance Report report for 2022

Leasing giant Aviation Capital Group has published its second annual Environmental, Social and Governance Report, for the year ended December 31, 2022.

“ACG recognizes that our long-term success is measured by more than our financial performance. It is also determined by our impact on the environment, our engagement with communities in which we live and operate, and the well-being of our people,” said Thomas Baker, CEO and President of ACG. “Sustainability has become a critical part of ACG’s mission and long-term strategy. We have set the foundation and charted our path forward.”

Earlier this year, ACG completed its first sustainability materiality assessment to help inform and shape our ESG strategy. The materiality assessment analyzed sustainability topics, risks and opportunities that are critical to ACG and provided valuable insights into the expectations of our stakeholders. The sustainability materiality matrix developed through this assessment will help guide ACG’s prioritization of sustainability topics while considering stakeholder expectations, with a focus on areas where ACG can create the most value.

“Engaging with our stakeholders remains the cornerstone of our approach to meeting their expectations,” said Gordon Grant, Vice President and Head of ESG at ACG. “The sustainability materiality assessment helped us identify the most important sustainability issues we need to focus on in order for ACG to provide our stakeholders with more meaningful and relevant information."

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

Search