NEWPORT BEACH, Calif. (Feb. 6, 2018) – Aviation Capital Group LLC (“ACG”) announced today that it has selected Pratt & Whitney Geared Turbofan™ (GTF) engines to power an additional 7 A320neo family aircraft, bringing ACG’s total to 20 GTF-powered A320neo family aircraft. ACG currently owns and manages more than 60 aircraft powered by Pratt & Whitney and its joint venture International Aero Engines.
“We are pleased to increase ACG’s total commitment for Pratt & Whitney engines,” said Khanh T. Tran, CEO of ACG. “ACG’s airline customers appreciate the increased fuel efficiency of the GTF engine.”
“We appreciate ACG adding additional engines to its fleet,” said Rick Deurloo, senior vice president of sales, marketing and customer support at Pratt & Whitney. “We look forward to supplying ACG and its airline customers with game-changing technology and unmatched fuel efficiency. This order demonstrates renewed and well-placed confidence in the GTF engine.”
About Aviation Capital Group
Aviation Capital Group is one of the world’s premier full service aircraft asset managers with 435 owned, managed and committed aircraft as of September 30, 2017, which are leased to approximately 95 airlines in approximately 40 countries. ACG was founded in 1989 and is an indirect majority-owned subsidiary of Pacific Life Insurance Company.
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Gordon Grant
Head of Investor and Media Relations
+ 1 949 219 4664
gordon.grant@aviationcapital.com
