Aviation Capital Group places new Airbus order

Aviation Capital Group (ACG), a wholly owned by Tokyo Century Corporation, has signed for up to 60 new planes with Airbus.

The deals include a memorandum of understanding for 20 A220s and a firm contract for 40 A320neo family aircraft, of which five are A321XLRs.

“We are delighted to expand our portfolio with additional A220 and A320neo family aircraft. 

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“These highly advanced aircraft will enhance our strategic objective to offer our airline customers the most modern and fuel-efficient aircraft available,” said Thomas Baker, chief executive of ACG.

The A220 is the only aircraft purpose-built for the 100-150 seat market, while the A320neo family is the most successful commercial aircraft family ever.

With this order, ACG is supporting the recently launched multi-million-dollar ESG fund initiative by Airbus that will contribute towards investment into sustainable aviation development projects.

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