Aviation Capital Group orders new planes from Airbus

5, Jan 2022 | nepaltraveller.com
Source::BreakingTravelNews

Aviation Capital Group has signed up a contract with Airbus to buy 60 planes

Aviation Capital Group, ACG, a group owned by Tokyo Century Corporation has signed up with Airbus to plan to buy 60 aeroplanes in the future. The agreement includes a memorandum of understanding (MoU) for 20 A220s and a firm contract for 40 A320s, five of them will be the modified A 321 XLRs. 

Thomas Baker, chief executive of ACG, said, "These highly advanced aircraft will enhance our strategic objective to offer our airline customers the most modern and fuel-efficient aircraft available."

With this deal of A220s being the target for small 100-150 seat aeroplane market and the A320s being the most successful commercial aircraft type ever, ACG is supporting the Environment, Social and Governance(ESG) Initiative that will contribute investment into sustainable aviation development projects.

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