US-Based Lessor Expands Fleet With New Portfolio Acquisition

Aviation Capital Group (ACG) has acquired a portfolio of 24 aircraft from Avolon, including 18 narrowbodies and 6 widebodies, operated by 17 airlines across 16 countries. The acquisition is part of ACG’s growth strategy, which aims to expand its fleet and enhance its sustainability. The average age of the portfolio is approximately 4.5 years, and the average remaining lease term is approximately 8.9 years. This transaction was first reported by AeroTime.