Aviation Capital Group (ACG) reported its 2009 second quarter leasing, sales and financing activity.
The quarter was highlighted by two strategic initiatives. The first was a commitment by the U.S. Export-Import Bank (Ex-Im) to participate in a new financing structure valued at nearly $900 million for 22 Boeing 737NGs to be delivered over the next two years. The structure involves an Ex-Im guarantee for bonds issued by U.S. investment banks, providing a new source of liquidity to the aviation capital market that has not been seen since the global financial crisis began last September. ACG is the first lessor to use this structure, reflecting on the company
