ACG Seeks Growth through ITOCHU Investment and New-Aircraft Focus
Aviation Capital Group (ACG), a leading player in the aviation finance market, has outlined its growth plans and strategic investments at the Deutsche Bank Aviation Forum in New York. According to a recent LinkedIn post from ACG's CEO and President Thomas Baker, the company's current financial footing is strong, allowing for new opportunities.
The investment by ITOCHU Corporation is seen as a catalyst for ACG's next phase of growth, potentially expanding its capital base and flexibility in aircraft leasing strategies. This could enable ACG to scale its portfolio, pursue larger transactions, or weather cyclical volatility in the aviation finance market.
ACG continues to focus on new-technology aircraft, with a leading position on the Boeing 737-10. The company is set to deliver this aircraft type to WestJet, marking the first lessor delivery of its kind. This move positions ACG as an early-mover in next-generation narrowbody leasing.