NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Aviation Capital Group LLC (ACG), a leading aircraft operating lessor,
announced today that it has selected Pratt & Whitney GTF™ engines to
power an additional 10 firm and 10 option A320neo family aircraft,
bringing its total to 30 firm GTF-powered A320neo and A321neo aircraft.
ACG currently owns or manages 75 aircraft powered by GTF V2500 and
PW2000 engines. These 10 firm GTF-powered aircraft are expected to be
delivered by 2023.
“We are happy to increase ACG’s total commitment for GTF engines, which
deliver valuable fuel savings and environmental benefits to our airline
customers,” said Steven C. Udvar-Hazy, senior vice president, Original
Equipment Manufacturers Relations and Market Development at ACG.
“We appreciate ACG’s continued confidence in the GTF engine with this
additional order,” said Rick Deurloo, chief customer officer and senior
vice president, Customers at Pratt & Whitney. “We look forward to
growing our strong partnership as we supply ACG and its airline
customers with the advantages of the game-changing GTF engine.”
About Aviation Capital Group
Aviation Capital Group is one of the world’s premier full-service
aircraft asset managers with approximately 500 owned, managed and
committed aircraft as of March 31, 2019, which are leased to
approximately 90 airlines in approximately 45 countries. ACG was founded
in 1989 and is a private company that is majority owned by Pacific Life
Insurance Company.
Contacts
Gordon Grant
Investor and Media Relations
+ 1 949 219 4664
[email protected]
