Aviation Capital Group orders 23 additional A320 Family Aircraft

United States based lessor Aviation Capital Group (ACG) has signed a firm contract for the purchase of 23 Airbus A320 Family aircraft. With this contract, the wholly owned subsidiary of Pacific LifeCorp will have ordered 68 A320 Family aircraft since March 2007 and will have 148 A320 Family aircraft in its portfolio.

R. Stephen Hannahs, ACG Group Managing Director and CEO said, “With this strategic decision, we have strengthened our long-term delivery stream of new aircraft which allows us to continue to meet the future demand of our customer airlines worldwide with the most modern, fuel efficient and environmentally friendly aircraft.”

The A320 Family includes the A318, A319, A320 and A321. Each aircraft features fly by wire controls and all share a unique cockpit and operational commonality across the range. The A320 Family also offers a containerized cargo system, which is compatible with the world wide standard wide-body system. Around 6,200 Airbus A320 Family aircraft have been sold and more than 3,500 delivered to some 280 customers and operators worldwide.

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