Aviation Capital Group signs lease agreement with EL AL Israel Airlines

Aviation Capital Group has signed long-term lease agreements with EL AL Israel Airlines, for two new B787-9s aircraft from ACG’s order book commitment with Boeing and two new B787-8s on a sale and lease-back agreement. The first aircraft is expected to be delivered in February 2018. “As previously announced in September 2016, EL AL Israel Airlines is pleased to enter into these lease agreements with ACG and increase our future 787 fleet to a total of 16 aircraft. The 787 fleet will open a new chapter for EL AL Israel Airlines,” said David Maimon, CEO of EL AL Israel Airlines.