Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, is pleased to announce that it has signed a definitive agreement with Avolon Aerospace Leasing Limited (Avolon) to acquire 20 aircraft. This portfolio includes 16 narrowbody aircraft, of which 12 are new technology, and 4 wide-body aircraft, all of which are new technology. The average age of the portfolio is approximately 4.1 years, and the average remaining lease term is approximately 8.4 years. The aircraft are on lease to 17 airlines across 16 countries, including 6 airlines that are new customers for ACG.
“These aircraft are an excellent complement to our existing portfolio. This acquisition, with a trusted partner in Avolon, reflects ACG’s strategic focus on growth, commitment to invest in fuel-efficient new technology aircraft, and ability to transact at scale,” said Thomas Baker, CEO and President of ACG. “ACG will continue to seek out further scaled investment opportunities as we accelerate our growth momentum.”
“We are delighted to further strengthen our relationship with ACG with this 20 aircraft portfolio transaction,” said Ross O’Connor, Chief Financial Officer at Avolon. “ACG has a proven capability to transact at scale and we look forward to working closely together to complete the aircraft transfers in the coming months.”
Key data points: The growth forecast = 38.7% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in eVTOL aircraft market to 2031 by propulsion type (battery-electric, hybrid-electric, and hydrogen-electric), mode of operation (piloted, autonomous, and semi-autonomous), lift technology (vectored thrust, multirotor, and lift plus cruise), application (commercial, military, emergency medical service, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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