NEWPORT BEACH, Calif. (Dec. 19, 2018) – Aviation Capital Group LLC (“ACG”) announced today that it has delivered its first Airbus A321LR (long-range) aircraft to Arkia Israeli Airlines. The aircraft is on a long-term lease to Arkia and is the first aircraft to be leased by Arkia from ACG.
“We are extremely excited to deliver our first A321LR to Arkia Israeli Airlines,” said Khanh T. Tran, president and CEO of ACG. “We look forward to Arkia operating this highly fuel-efficient aircraft in their growing route network.”
“We are delighted to add a second A321LR to our fleet which will allow us to continue offering our customers a great airplane and the best service and comfort they can get. We are also proud to receive our first aircraft from ACG,” said Nir Dagan, president and CEO of Arkia Israeli Airlines.
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 September 30, 2018, which are leased to approximately 90 airlines in approximately 45 countries. ACG was founded in 1989 and is an indirect majority-owned subsidiary of Pacific Life Insurance Company.