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Aviation Capital Group Announces Delivery of A320neo to Air Travel

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Aviation Capital Group LLC (�ACG�), announced the delivery of one new Airbus A320neo aircraft on long-term lease to Air Travel. This A320neo, powered by CFM International�s LEAP-1A engines, is ACG�s first aircraft delivery to Air Travel from ACG�s order book with Airbus.


�ACG is excited to deliver this A320neo to Air Travel, a new customer for ACG,� said Tom Baker, CEO and president of ACG. �We look forward to the airline operating this modern, fuel-efficient aircraft and supporting their growth for many years to come.�

�This aircraft delivered by ACG is the first new aircraft Air Travel has taken delivery of in China since our renaming, which manifests Air Travel�s efficiency and profitability has stepped up to a new level,� said Mr. Wu Jiazhu, CEO of Air Travels. �Thanks to the cooperation between our two companies and ACG�s advanced capability of asset management, we are happy to celebrate this successful delivery. We look forward to further cooperation between Air Travel and ACG.�

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 400 owned, managed and committed aircraft as of June 30, 2021, which are leased to approximately 85 airlines in approximately 40 countries. ACG is a wholly owned subsidiary of Tokyo Century Corporation.

Contacts

Gordon Grant

Head of Investor and Media Relations

+ 1 949 219 4664

[email protected]

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