Aviation Capital Group Orders 75 Airbus A320neo Aircraft

3-line summary

• Aviation Capital Group (ACG), a California-based aircraft lessor, ordered 75 Airbus A320neo narrowbody jets, parent company Tokyo Century announced October 16. The list-price value is about ¥1.856 trillion (roughly $11.76 billion); the actual purchase price was not disclosed due to confidentiality obligations.
• Deliveries are scheduled from 2032 through 2035. ACG CEO Thomas Baker said in a statement that this is the largest order in the company's roughly 40-year history. The article did not detail the specific motivation or demand outlook behind the order.

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