fodc8
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Aviation Capital Group places $1 billion 737 order
Tuesday April 22, 2008
Pacific LifeCorp. subsidiary Aviation Capital Group placed an order yesterday for 17 additional 737NGs valued at more than $1 billion, Boeing announced.
No delivery date was announced for the order, which previously was attributed by the manufacturer to an unidentified customer. The aircraft will be equipped with blended winglets and lift ACG's Boeing commitment to 76 737s and five 787s. Its portfolio currently contains 129 Boeing aircraft.
ACG said it completed 13 sale and/or lease transactions in the fourth quarter, while its Capital Markets Group arranged six transactions for an unnamed institutional investor. Its first-quarter airline clients comprised Skymark Airlines, Virgin Blue, SunExpress, OceanAir, Brussels Airlines, Astar Air Cargo and airBaltic.
by Brian Straus
Tuesday April 22, 2008
Pacific LifeCorp. subsidiary Aviation Capital Group placed an order yesterday for 17 additional 737NGs valued at more than $1 billion, Boeing announced.
No delivery date was announced for the order, which previously was attributed by the manufacturer to an unidentified customer. The aircraft will be equipped with blended winglets and lift ACG's Boeing commitment to 76 737s and five 787s. Its portfolio currently contains 129 Boeing aircraft.
ACG said it completed 13 sale and/or lease transactions in the fourth quarter, while its Capital Markets Group arranged six transactions for an unnamed institutional investor. Its first-quarter airline clients comprised Skymark Airlines, Virgin Blue, SunExpress, OceanAir, Brussels Airlines, Astar Air Cargo and airBaltic.
by Brian Straus
