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Aviation Capital Group orders 25 additional A320 Family aircraft

US based lessor Aviation Capital Group (ACG) has signed a firm contract for 25 additional A320 Family aircraft, including six A319s, 15 A320s and four A321s. With this order, the wholly owned subsidiary of Pacific LifeCorp will have 121 A320 Family aircraft in its portfolio.

“We decided to add more A320 Family aircraft to our portfolio because of high customer demand,” said R. Stephen Hannahs, ACG Group Managing Director and CEO. “The A320 Family is a popular, highly fuel efficient and environmentally friendly aircraft which fits in perfectly with our long term strategy of providing modern and productive aircraft.”

“Having ACG, one of the leading aircraft operating lease enterprises, come back for more A320 Family aircraft confirms that this Family continues very much in demand and responds to current and future market needs,” said John Leahy, Airbus Chief Operating Officer Customers. “The A320 Family is clearly the benchmark single-aisle aircraft which features highest passenger appeal combined with the lowest operating costs and lowest fuel burn, making it extremely environmentally friendly.”

More than 5,300 Airbus A320 Family aircraft have been ordered and more than 3,200 delivered to almost 200 customers and operators worldwide, making it the world’s best selling single aircraft family ever. Each aircraft features fly-by-wire controls and unique cockpit commonality across the entire Airbus Family. This allows flight crews to fly each aircraft with minimal additional training.

Read the complete Press Release



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