The order includes a mix of 737-8 and 737-10 variants, bringing ACG's total 737 MAX commitment to 82 aircraft.
ACG, a subsidiary of Tokyo Century Corp, specializes in aircraft leasing and financing.
ACG Doubles Down on Boeing 737 MAX
Aircraft lessor Aviation Capital Group (ACG) has solidified its commitment to the Boeing 737 MAX by finalizing an order for 35 additional jets. The deal, announced Monday, includes a combination of 16 fuel-efficient 737-8 models and 19 larger 737-10 variants.
This latest purchase significantly expands ACG's 737 MAX fleet, bringing its total orders for the popular narrow-body aircraft to 82. The company's decision to increase its investment in the 737 MAX underscores its confidence in the aircraft's performance and market demand.
A Strategic Move for ACG
ACG, a prominent player in the aircraft leasing industry, is a subsidiary of Tokyo Century Corp. The company offers a range of services, including aircraft asset management and financing solutions for airlines worldwide. By expanding its 737 MAX portfolio, ACG aims to strengthen its position in the market and meet the growing demand for fuel-efficient aircraft.
The 737 MAX has experienced a resurgence in popularity following its return to service after grounding due to safety concerns. Airlines worldwide have been gradually reintroducing the aircraft into their fleets, driven by its improved fuel efficiency and passenger capacity. ACG's decision to invest in the 737 MAX aligns with this industry trend and positions the company for future growth.