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Aviation Capital Group Announces Delivery of One A321neo to Condor Flugdienst

NEWPORT BEACH, Calif. (June 20, 2024) Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one A321neo to Condor Flugdienst. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the first of four aircraft scheduled to deliver to the airline.

“It is with great pride and enthusiasm that we commemorate the delivery of Condor Flugdienst’s first Airbus A321neo. This milestone marks a significant achievement in our flourishing partnership with Condor, an airline renowned for its exceptional service and operational excellence. Our collaboration continues to strengthen, driven by shared values and a mutual commitment to innovation, customer satisfaction, and the environment,” said Carter White, ACG Executive Vice President and Chief Commercial Officer.

“After the first A320neo joined Condor’s fleet in April, we are now delighted to take delivery of the first A321neo with ACG, which will be the backbone of our short-medium haul fleet,” said Björn Walter, CFO of Condor. “With the continuation of the fleet renewal on short and medium-haul routes, Condor will soon be operating the most modern fleet in Europe.”

ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs. To learn more about the aircraft leasing and aircraft management services offered by ACG, visit www.aviationcapitalgroup.com.

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 our 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. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.

About Aviation Capital Group

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with over 480 owned, managed and committed aircraft as of March 31, 2024, leased to roughly 90 airlines in approximately 45 countries. It specializes in commercial aircraft leasing and provides certain aircraft asset management services and aircraft financing solutions for third parties. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation. Follow ACG on LinkedIn, and for more information, visit www.aviationcapitalgroup.com.

Media Relations:
Elizabeth Stevens
MediaRelations@AviationCapital.com

Investor Relations:
Matthew Novell
InvestorRelations@AviationCapital.com

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