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Aviation Capital Group signs firm order for 30 A320neo

Aviation Capital Group (ACG), the United States based global aircraft leasing company, signed a purchase agreement with Airbus for 30 eco-efficient A320neo Family aircraft at the 2011 Dubai Airshow. This latest order from ACG for 30 A320neo’s brings the lessor’s total A320 Family order book to 98 aircraft. Engine selection on ACG’s A320neo fleet will be made at a later date.

“We may have taken more time that other Leasing Companies to make the neo selection, but we wanted to test customer reaction, financial community acceptance and the fit within the ACG long term fleet plan – it passed with flying colors on all counts,”said John Feren, EVP Global Marketing, Aviation Capital Group.

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