Wed, Jan 11, 2017
Most Are New Engine Option Variant Of The Aircraft
Aviation Capital Group (“ACG”), the commercial aircraft leasing subsidiary of Pacific Life Insurance Company, has announced that it has placed follow-on orders with Airbus for 35 additional A320 Family aircraft, consisting of 30 A320neo Family aircraft, 2 A320ceo aircraft and 3 A321ceo aircraft. ACG has also secured the option to purchase 10 additional A320neo aircraft.
Including this commitment, ACG and its subsidiaries have ordered a total of 158 A320 Family aircraft directly from Airbus, consisting of 61 A320neo Family and 97 A320ceo Family aircraft. Of the 158 aircraft ordered, 66 aircraft have yet to be delivered.
“The A320 Family is one of the prime building blocks of our portfolio growth strategy,” said Khanh T. Tran, CEO of ACG. “We look forward to placing these highly fuel efficient aircraft with our airline customers around the world.”
“It’s a pleasure to see ACG renew its confidence in the fuel efficient A320 Family,” said John Leahy, Airbus Commercial Aircraft Chief Operating Officer Customers. “ACG will be able to offer its airline customers the latest and most advanced A320s that will notably deliver unmatched comfort to passengers. This order confirms that the A320 Family is a fantastic long term asset and investment in the portfolio of lessors.”
Over 12,800 A320 Family aircraft have already been ordered, including over 4,800 A320neo Family aircraft from 89 customers. The A320neo Family incorporates the latest engines and aerodynamic enhancements, delivering more than 15 percent fuel savings and 20 percent by 2020.
(Source: ACG news release. Image from file)
More News
Touchdown Zone Lighting Two rows of transverse light bars located symmetrically about the runway centerline normally at 100 foot intervals. The basic system extends 3,000 feet alon>[...]
“Discovery and innovation are central to our mission at Virgin Galactic. We’re excited to build on our successful record of facilitating scientific experiments in subor>[...]
"We are reaching out to you today on behalf of the Popular Rotorcraft Association because we need your help. We are dangerously close to losing a critical resource that if lost, wi>[...]
UAS Traffic Management (UTM) The unmanned aircraft traffic management ecosystem that will allow multiple low altitude BVLOS operations and which is separate from, but complementary>[...]
Aero Linx: Society of Aviation and Flight Educators (SAFE) SAFE is a member-oriented organization of aviation educators fostering professionalism and excellence in aviation through>[...]