Aviation Capital Group (ACG) has delivered a new Boeing 737 MAX 8 to T’way Air (“T’way”), expanding our relationship with the South Korean airline.
This delivery marks the first in a mandate for seven 737 MAX 8s which are scheduled to be delivered by ACG to the airline throughout 2026. T’way was founded in 2010 and now operates a fleet of 46 aircraft to over 60 destinations throughout Asia, Australia, Europe and North America.
“We are thrilled to further develop our existing relationship with T’way through this first 737 MAX 8 delivery. The seven 737 MAX 8s to be leased by ACG to T’way during 2026 will support the airline’s strategy to sustainably connect South Korea to the Asia/Pacific region, one of the world’s fastest growing aviation markets,” commented Tom Baker, Chief Executive Officer and President of ACG.
Meanwhile, ACG has extended and upsized its sustainability-linked loan by $25 million to $575 million.
The upsizing follows the execution of an amendment in December 2025, which extended the maturity date to January 30, 2029, which ACG says reinforces its commitment to embedding sustainability principles into the business. ACG’s portfolio of owned aircraft and commitments is now comprised of 73% new generation aircraft, highlighting the level of investment made transitioning to the lowest emissions aircraft technology.
“This proactive refinancing extends our overall debt maturity profile and strengthens our relationships with our banking partners,” said Matthew Novell, Vice President and Assistant Treasurer of ACG. “It also underscores ACG’s commitment to investing in the latest fuel-efficient, lowest emissions aircraft technology.”
Mizuho Bank and BNP Paribas Securities serve as the co-sustainability structuring agents for the facility, and Mizuho Bank serves as the administrative agent.