Aviation Capital Group (ACG) has announced the delivery of a new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (SAS), the first of 1o of the aircraft ACG is to deliver as part of a sale-leaseback transaction.
“ACG is honoured to welcome SAS as a renewed strategic partner. We are delighted to support the SAS FORWARD transformation plan with this sale-leaseback transaction for these latest technology and fuel-efficient aircraft,” said Tom Baker, chief executive and president of ACG.
“We continue to make progress with our transformation plan and these new sale-leaseback agreements are an important part of that – securing competitive financing for our renewed fleet of modern and fuel-efficient aircraft. We are pleased to renew our long-term strategic partnership with ACG, one of the world’s leading aircraft financing partners,” said Anko van der Werff, president and chief executive of SAS.