NEWPORT BEACH, Calif. (August 12, 2022) – Aviation Capital Group LLC (“ACG”) announced the delivery of one new Boeing 737-9 MAX aircraft on long-term lease to Copa Airlines. This Boeing 737 MAX aircraft, powered by CFM International LEAP-1B engines, is part of a multiple-aircraft sale-and-lease back transaction between ACG and Copa Airlines and is the eighth Boeing aircraft currently on lease from ACG to the airline.
“We are pleased to build on our long-standing relationship with Copa Airlines and to support the airline’s current fleet expansion requirements,” said Marine Benoit, ACG Vice President Marketing for the Latin American region.
“The delivery of this aircraft will help continue the expansion of the Hub of the Americas with more frequencies and destinations for the convenience of our passengers. It will be yet another step in our efforts to increase our capacity to meet passenger demand,” said Jose Montero, Senior Vice President of Finance at Copa Airlines.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of applicable federal securities laws. Any such statements, other than statements of historical fact, are based upon ACG’s current expectations and assumptions concerning future events, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Accordingly, such statements are not guarantees or assurances of any aspect of future performance. Such statements speak only as of the time when made, and ACG undertakes no obligation to update any such statement unless required by law.
About Aviation Capital Group
Aviation Capital Group was founded in 1989 and is one of the world’s premier full-service aircraft asset managers with approximately 475 owned, managed and committed aircraft as of June 30, 2022, which are leased to approximately 85 airlines in approximately 45 countries. ACG is a wholly owned subsidiary of Tokyo Century Corporation.
Gordon Grant
Head of Investor and Media Relations
+ 1 949 219 4664
gordon.grant@aviationcapital.com
