Aviation Capital Group LLC (“ACG”) announced that it has signed leases with Avianca for eight Airbus A320neo aircraft. All eight aircraft are powered by CFM International LEAP-1A26 engines and are scheduled for delivery in 2023.
“We are excited about expanding our relationship with Avianca and seeing these aircraft continue to serve passengers in Colombia as well as across the Avianca network,” said Tom Baker, Chief Executive Officer and President of ACG.
“Avianca’s plan is to connect Colombia and Latin America with the world. We celebrate our growing partnership with ACG and the incorporation of these eight additional aircraft to Avianca’s fleet, which will then be composed of 150 aircraft – Passenger and Freighters,” said Adrian Neuhauser, President and CEO of Avianca.
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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