Aviation Capital Group (ACG) has announced a commitment for 35 737 MAX airplanes and its firm order for 20 Next-Generation 737-800s. The Newport Beach, Calif.-based ACG is the first airplane leasing company to announce a commitment to the 737 MAX.
"The 737 is one of the prime building blocks of our portfolio strategy," said R. Stephen Hannahs, group managing director and chief executive officer of ACG. "These new 737NG and 737 MAX airplanes will continue our long-standing strategy of providing our customers the most fuel efficient, most capable airplanes with the lowest operating costs."
With today's announcement, ACG has ordered or committed to a total of 151 Boeing airplanes made up of 111 Next-Generation 737s, 35 737 MAXs and five 787 Dreamliners. This includes 15 Next-Generation 737s for which ACG acquired delivery positions from another airline in 2006.