50 SKY SHADES - World aviation news

Aviation Capital Group commits to 20 A220s and 40 A320neo Family aircraft

Download: Printable PDF Date: 30 Dec 2021 16:13 (UTC) category:
Publisher:
Aviation Capital Group commits to 20 A220s and 40 A320neo Family aircraft - Manufacturer publisher
Tatjana Obrazcova
Aircraft: Airplanes

Global full-service aircraft lessor Aviation Capital Group, wholly owned by Tokyo Century Corporation, has signed a Memorandum of Understanding for 20 A220s and a firm contract for 40 A320neo Family aircraft, of which five are A321XLRs.

“We are delighted to expand our portfolio with additional A220 and A320neo Family aircraft.  These highly advanced aircraft will enhance ACG’s strategic objective to offer our airline customers the most modern and fuel-efficient aircraft available,” said Thomas Baker, CEO and President of ACG.

“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. It also forcefully confirms the A220 as a growingly desirable aircraft and investment in the commercial aviation landscape. We congratulate and thank ACG for its decision to select both the A220 and A320neo Families,” said Christian Scherer, Chief Commercial Officer and Head of Airbus International.

The A220 is the only aircraft 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. Featuring 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, the A220 is a great aircraft for regional as well as long distance routes operations.

The A320neo Family is the most successful commercial aircraft family ever and displays a 99,7% operational reliability rate. The A320neo Family incorporates the latest technologies including new generation engines and Sharklet wing tip devices, while offering unmatched comfort in all classes as well as Airbus’ 18-inch wide seats in economy as standard. The A320neo Family provides operators with at least a 20% reduction in fuel consumption and CO2 emissions. The A321XLR version provides a further range extension to 4,700nm. This gives the A321XLR a flight time of up to 11 hours, with passengers benefitting throughout the trip from Airbus’ award-winning Airspace interior, which brings the latest cabin technology to the A320 Family.

With this order ACG is supporting the recently launched multi-million dollar ESG fund initiative by Airbus that will contribute towards investment into sustainable aviation development projects. 



Loading comments for Aviation Capital Group commits to 20 A220s and 40 A320neo Family aircraft...


Recommended

The leading FBO in Singapore and entire Asia Pacific - Jetex & Bombardier

Business aviation in Asia Pacific region is witnessing a phenomenal growth. Two leading actors of the industry -  Jetex and Bombardier - celebrated the opening of the leading private je...

airBaltic introduces sustainable technician uniforms

airBaltic has introduced new, modern high visibility uniforms for its technical staff supplied by their manufacturer FRISTADS, which is the first company to provide environmentally declared...

ENAIRE and EHang to collaborate on U-Space and urban air mobility

EHang entered into a collaboration agreement with ENAIRE to promote research, development and innovation in the fields of U-Space and Urban Air Mobility in Spain and Europe. The pa...

Embraer and Pratt & Whitney complete 100% SAF flight testing of GTF-powered E195-E2 aircraft

Embraer and Pratt & Whitney have successfully tested a GTF-powered E195-E2 aircraft on 100% sustainable aviation fuel (SAF). The test, with one engine running on 100% SAF, validated that GTF engin...

The drones news