Aviation Capital Group LLC (“ACG”) announced that it has entered into long-term leases with TAAG Angola Airlines for four new Airbus A220-300 aircraft. The aircraft are scheduled to be delivered to TAAG in 2025 from ACG’s order book with Airbus.
“On behalf of ACG, we’re truly honored and proud to be a business partner of TAAG Angola Airlines, supporting its growth and expansion plans with the modern and environmentally friendly A220-300 aircraft. This state-of-the-art equipment, with its comfort, low noise and fuel economy characteristics will support TAAG’s mission to reopen markets, tap into new destinations and increase the connectivity options with more frequencies,” said Tom Baker, CEO and President of ACG.
“The incorporation of four new A220 aircraft under the agreement with ACG is a clear sign of our international credibility and a major milestone in renewing the TAAG fleet. We are deeply committed to growing the company by leveraging our market share and destination portfolio. Our passengers will benefit from higher connectivity options while planning their trips and a greater flight experience overall, as the Airbus A220 is a smart, tech-advanced equipment suitable for nowadays gadgets,” said Eduardo Fairen, CEO of TAAG Angola Airlines.
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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