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Aviation Capital Group Commits to 20 A220s and 40 A320neo Family Aircraft

Our Bureau - : Dec 31, 2021 - : 12:39 am

Global full-service aircraft lessor Aviation Capital Group (ACG) has signed a Memorandum of Understanding (MoU) for 20 A220s and a firm contract for 40 A320neo Family aircraft, of which five are A321XLRs.

“The order is another gratifying endorsement of our single aisle products by one of the world’s premier aircraft asset managers, ACG and the Tokyo Century Group,” said Christian Scherer, Chief Commercial Officer and Head of Airbus International. “It also forcefully confirms the A220 as a growingly desirable aircraft and investment in the commercial aviation landscape.”

The A220 is purpose-built for the 100-150 seat market and brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines. The jet features a 50% reduced noise footprint and up to 25% lower fuel burn per seat compared to previous generation aircraft, as well as around 50% lower NOx emissions than industry standards.

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