Aviation Technology

Aviation Capital Group Announces Delivery of One Boeing 737-8 MAX to Icelandair

Boeing
Aviation Capital Group LLC (“ACG”) announced the delivery of one new Boeing 737-8 MAX aircraft on long-term lease to Icelandair. This Boeing 737 MAX aircraft, powered by CFM International’s LEAP-1B engines, is part of a multi-aircraft transaction between ACG and the airline.

“With this delivery, we are delighted to complete the purchase and leaseback of two Boeing 737-8 MAX aircraft and the long-term financing through ACG’s Aircraft Financing Solutions program of one Boeing 737-9 MAX aircraft with Icelandair,” said Robert Lewandowski, Managing Director of ACG. “We look forward to continuing our close and long-standing relationship with the Icelandair Group and working with them on their future financing needs,” added Roger Carley, Vice President of Marketing for ACG.

“Icelandair is delighted to team up with ACG, a long-lasting business partner, on this transaction. The renewal of our fleet with new eco-efficient airplanes like the Boeing 737 MAX is an important step towards reaching our ambitious goals of reducing the company’s carbon emissions by 50% by 2030.”

Bogi Nils Bogason, CEO of Icelandair

About Aviation Capital Group
Aviation Capital Group was founded in 1989 and is one of the world’s premier full-service aircraft asset managers with over 440 owned, managed and committed aircraft as of December 31, 2021, which are leased to approximately 90 airlines in approximately 45 countries. ACG is a wholly owned subsidiary of Tokyo Century Corporation.

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Commercial Aviation, Airport Management

Aviation Capital Group Announces Delivery of One A320neo to SAS

Business Wire | January 25, 2024

Aviation Capital Group LLC (ACG), 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. To learn more about the aircraft leasing and aircraft management services offered by ACG, visit www.aviationcapitalgroup.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable federal securities laws. Any such statements, other than statements of historical fact, are based upon our current expectations and assumptions concerning future events, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Accordingly, such statements are not guarantees or assurances of any aspect of future performance. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.

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PR Newswire | January 16, 2024

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Commercial Aviation, Cargo Management

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EIN Presswire | January 29, 2024

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