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Aviation Capital Group Announces Delivery of One A321neo to SKY Airline

Published 05/04/2024, 22:30

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--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 deliver to the airline.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240405651549/en/

Airbus A321neo Leased by Aviation Capital Group to SKY Airlines. (Photo: Business Wire)

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. To learn more about the aircraft leasing and aircraft management services offered by ACG, visit www.aviationcapitalgroup.com.

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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.

About Aviation Capital Group

Aviation Capital Group is one of the world's premier full-service aircraft asset managers with 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. Follow ACG on LinkedIn, and for more information, visit www.aviationcapitalgroup.com.

Media Relations:
Elizabeth Stevens
MediaRelations@AviationCapital.com

Investor Relations:
Matthew Novell
InvestorRelations@AviationCapital.com

Source: Aviation Capital Group LLC

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