Aircraft asset manager Aviation Capital Group (ACG) has announced that Tokyo Century Corporation has acquired the remaining interest in ACG.
In 2017, Tokyo Century acquired a 20% membership interest in ACG, and later expanded ownership to 24.5%. The completion of this transaction, first announced on September 9, 2019, results in Tokyo Century now owning 100% of ACG.
Khanh T. Tran, ACG's CEO, said: “On behalf of everyone at ACG, we are all elated, energized and empowered that we are entrusted by Tokyo Century as their aviation platform."